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    Upgrades & Downgrades History
    UPGRADES & DOWNGRADES HISTORY 
    DateResearch FirmActionFromTo
    17-Feb-16Scotia Howard WeilDowngradeFocus StockSector Outperform
    28-Jan-16WunderlichUpgradeHoldBuy
    5-Jan-16CitigroupUpgradeNeutralBuy
    22-Dec-15CapitalOneInitiatedOverweight
    17-Dec-15Sun Trust Rbsn HumphreyInitiatedBuy
    5-Nov-15WunderlichDowngradeBuyHold
    30-Oct-15SusquehannaInitiatedNeutral
    10-Aug-15Credit AgricoleUpgradeUnderperformOutperform
    4-Jun-15Deutsche BankDowngradeBuyHold
    7-May-15CitigroupUpgradeSellNeutral
    1-May-15Raymond JamesDowngradeOutperformMkt Perform
    22-Apr-15NomuraInitiatedNeutral
    20-Apr-15KLR GroupDowngradeAccumulateHold
    17-Apr-15Credit AgricoleDowngradeBuyUnderperform
    16-Dec-14OppenheimerInitiatedPerform
    17-Jun-14Global Hunter SecuritiesUpgradeNeutralBuy
    21-Feb-14Howard WeilUpgradeSector PerformSector Outperform
    13-Dec-13WunderlichInitiatedBuy
    22-Nov-13StifelUpgradeHoldBuy
    23-Oct-13FBR CapitalDowngradeOutperformMkt Perform
    10-Sep-13Canaccord GenuityInitiatedBuy
    27-Aug-13FBR CapitalUpgradeMkt PerformOutperform
    1-Apr-13Global Hunter SecuritiesDowngradeBuyNeutral
    20-Mar-13FBR CapitalDowngradeOutperformMkt Perform
    21-Dec-12Global Hunter SecuritiesInitiatedBuy
    16-Aug-12Imperial CapitalInitiatedOutperform
    2-Jul-12Stifel NicolausDowngradeBuyHold
    8-May-12Canaccord GenuityUpgradeHoldBuy
    16-Feb-12Canaccord GenuityDowngradeBuyHold
    8-Nov-11Howard WeilDowngradeMarket OutperformMarket Perform
    20-Sep-11Deutsche BankInitiatedBuy
    8-Jul-11Stifel NicolausUpgradeHoldBuy
    3-Jun-11Morgan KeeganInitiatedOutperform
    17-Feb-11UBSDowngradeBuyNeutral
    21-Oct-10Canaccord GenuityInitiatedBuy
    12-Oct-10TiconderogaInitiatedNeutral
    28-Jul-10Howard WeilInitiatedMarket Outperform
    28-Apr-10Barclays CapitalUpgradeEqual WeightOverweight
    2-Mar-10Standpoint ResearchDowngradeBuyHold
    5-Feb-10KeyBanc Capital MktsInitiatedBuy
    10-Dec-09FBR CapitalInitiatedMkt Perform
    4-Dec-09Dahlman RoseInitiatedBuy
    28-Jul-09Sun Trust Rbsn HumphreyDowngradeBuyNeutral
    12-Jun-09Sun Trust Rbsn HumphreyDowngradeBuyNeutral
    11-Feb-09UBSDowngradeBuyNeutral
    17-Apr-08UBSUpgradeNeutralBuy
    5-Jun-07UBSDowngradeBuyNeutral
    7-Nov-06Calyon SecuritiesDowngradeAddNeutral
    21-Jun-06Calyon SecuritiesInitiatedAdd
    9-Jun-06Sun Trust Rbsn HumphreyInitiatedBuy
    16-Dec-05Banc of America SecInitiatedBuy
    23-Nov-05First AlbanyInitiatedNeutral
    20-Jun-05Calyon SecuritiesInitiatedBuy
    12-Apr-05RBC Capital MktsUpgradeUnderperformSector Perform
    27-Jan-05Sanders Morris HarrisUpgradeBuyStrong Buy
    2-Dec-04FulcrumDowngradeBuyNeutral
    30-Nov-04AG EdwardsDowngradeBuyHold
    4-Nov-04Raymond JamesUpgradeOutperformStrong Buy
    19-Oct-04UBSInitiatedNeutral
    2-Sep-04FulcrumInitiatedBuy
    5-Aug-04RBC Capital MktsDowngradeSector PerformUnderperform
    5-Feb-04RBC Capital MktsDowngradeOutperformSector Perform
    12-Jan-04AG EdwardsUpgradeHoldBuy
    22-Aug-03Southwest SecuritiesInitiatedNeutral
    18-Aug-03Lehman BrothersInitiatedEqual-weight
    16-Jun-03Merrill LynchInitiatedNeutral
    22-May-03AG EdwardsDowngradeBuyHold
    1-Oct-02RBC Capital MktsInitiatedOutperform

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