Benzinga's Top Upgrades, Downgrades For June 10, 2020

Upgrades

• B of A Securities upgraded the stock for Cognizant Technology Solutions Corp CTSH from Underperform to Neutral. For the first quarter, Cognizant Tech Solns had an EPS of $0.96, compared to year-ago quarter EPS of $0.91. The stock has a 52-week-high of $71.48 and a 52-week-low of $40.01. Cognizant Tech Solns's stock last closed at $57.19 per share.
• ABN Amro upgraded the stock for Coca-Cola European Partners PLC CCEP from Sell to Hold. The stock has a 52-week-high of $58.94 and a 52-week-low of $28.35. Coca-Cola European's stock last closed at $41.50 per share.
• B. Riley FBR upgraded the stock for TrueCar Inc TRUE from Neutral to Buy. For the first quarter, TrueCar had an EPS of $0.04, compared to year-ago quarter EPS of $0.00. The stock has a 52-week-high of $5.66 and a 52-week-low of $1.98. TrueCar's stock last closed at $2.88 per share.
• Jefferies upgraded the stock for Etsy Inc ETSY from Hold to Buy. Etsy earned $0.10 in the first quarter, compared to $0.24 in the year-ago quarter. The stock has a 52-week-high of $88.02 and a 52-week-low of $29.95. Etsy's stock last closed at $76.37 per share.
• For eBay Inc EBAY, Jefferies upgraded the stock from Underperform to Hold. eBay earned $0.77 in the first quarter, compared to $0.67 in the year-ago quarter. The stock has a 52-week-high of $51.88 and a 52-week-low of $26.02. eBay's stock last closed at $49.75 per share.

Downgrades

• For SciPlay Corp SCPL, RBC Capital downgraded the stock from Outperform to Sector Perform. In the first quarter, SciPlay earned $0.19. The stock has a 52-week-high of $15.86 and a 52-week-low of $5.82. SciPlay's stock last closed at $14.91 per share.
• RBC Capital downgraded the stock for KB Home KBH from Outperform to Sector Perform. In the first quarter, KB Home showed an EPS of $0.63, compared to $0.31 from the year-ago quarter. The stock has a 52-week-high of $40.51 and a 52-week-low of $9.82. KB Home's stock last closed at $33.65 per share.
• For The Western Union Co WU, B of A Securities downgraded the stock from Buy to Neutral. For the first quarter, The Western Union had an EPS of $0.44, compared to year-ago quarter EPS of $0.39. The stock has a 52-week-high of $28.45 and a 52-week-low of $17.39. The Western Union's stock last closed at $24.41 per share.
• Goldman Sachs downgraded the stock for Cree Inc CREE from Buy to Neutral. Cree earned ($0.14) in the third quarter, compared to $0.20 in the year-ago quarter. The stock has a 52-week-high of $64.95 and a 52-week-low of $27.77. Cree's stock last closed at $61.69 per share.
• Baird downgraded the stock for Cisco Systems Inc CSCO from Outperform to Neutral. For the third quarter, Cisco Systems had an EPS of $0.79, compared to year-ago quarter EPS of $0.78. The stock has a 52-week-high of $58.26 and a 52-week-low of $32.40. Cisco Systems's stock last closed at $48.05 per share.
• For Chevron Corp CVX, RBC Capital downgraded the stock from Sector Perform to Underperform. For the first quarter, Chevron had an EPS of $1.58, compared to year-ago quarter EPS of $1.39. The stock has a 52-week-high of $127.00 and a 52-week-low of $51.60. Chevron's stock last closed at $101.51 per share.
• For JetBlue Airways Corp JBLU, JP Morgan downgraded the stock from Neutral to Underweight. JetBlue Airways earned ($0.42) in the first quarter, compared to $0.16 in the year-ago quarter. The stock has a 52-week-high of $21.65 and a 52-week-low of $6.61. JetBlue Airways's stock last closed at $14.21 per share.
• JP Morgan changed the rating for United Airlines Holdings Inc UAL from Overweight to Neutral. Interestingly, in the first quarter, United Airlines Holdings's EPS was ($2.57). The stock has a 52-week-high of $96.03 and a 52-week-low of $17.80. United Airlines Holdings's stock last closed at $44.64 per share.

Initiations

• With a rating of Overweight, Morgan Stanley initiated coverage on TFI International Inc TFII. The price target is set at $40.00 for TFI International. The stock has a 52-week-high of $36.65 and a 52-week-low of $15.24. TFI International's stock last closed at $34.21 per share.
• With a rating of Buy, Needham initiated coverage on Yext Inc YEXT. The price target is set at $19.00 for Yext. Yext earned ($0.10) in the first quarter, compared to ($0.05) in the year-ago quarter. The stock has a 52-week-high of $22.65 and a 52-week-low of $8.56. Yext's stock last closed at $15.60 per share.