iRhythm Technologies Inc. (NASDAQ: IRTC): Citigroup downgraded it to Neutral from Buy and lowered the price target to $78. The consensus price objective is much higher at $98.50. The final trade on Tuesday was reported at $76.25. The shares were down a sharp 16% in the premarket after the company’s president and CEO stepped down due to personal matters.
Microsoft Corp. (NASDAQ: MSFT): KGS Securities initiated coverage on the legacy software leader with an Outperform rating and a $300 price target. The consensus price objective is $293.16. The stock closed on Tuesday at $247.40.
Nomura Holdings Inc. (NYSE: NMR): This Japanese financial company was named as the Zacks Bear of the Day. The analyst said that steep losses and a dividend in jeopardy make this a bank stock to avoid. Shares last closed at $5.49, and the consensus price target is $6.11.
Pan American Silver Corp. (NYSE: PAAS): RBC Capital Markets started coverage with a Neutral rating and a $36 price target. The consensus target is higher at $42.76. The shares closed on Tuesday at $33.73.
PDF Solutions Inc. (NASDAQ: PDFS): Rosenblatt initiated coverage with a Buy rating and a $22 price target. The consensus target is $28, and the stock closed on Tuesday at $17.35.
Salesforce.com Inc. (NYSE: CRM): KGS Securities started the stock with a Neutral rating and a $280 price target. The consensus target for shares of the customer relationship management software leader is $277.93. The stock ended Tuesday trading at $236.20 a share.
SBA Communications Corp. (NYSE: SBAC): Morgan Stanley’s upgrade to Overweight from Equal Weight included a price target hike to $337 from $321. The consensus price objective is $336.61, and Tuesday’s final trade came in at $302.27 per share.
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Tuesday’s top analyst upgrades and downgrades included Boeing, Devon Energy, F5 Networks, Illumina, Intuitive Surgical, Nio and Williams-Sonoma.