Top Analyst Ratings: May 9th
AMC Entertainment: Wedbush Securities has lowered its target for AMC from USD 4 to USD 3.5, maintaining a neutral rating.
ARM Holdings: Evercore ISI maintains an outperform rating on Arm Holdings, but has lowered its target price from USD 156 to USD 145.
Shopify Inc. (SHOP) Piper Jaffray Companies upgraded Shopify’s rating from Neutral to Neutral, while maintaining the target price at USD 63.
Cloudfare: (NET) Citigroup lowered Cloudfare’s target price from USD 95 to USD 90, maintaining a Neutral rating. Stifel Nicolaus also set a target price of USD 90 with a Hold rating.
Home Depot: (HD) Wells Fargo & Company lowered Home Depot’s target price from USD 425 to USD 400 while maintaining an Overweight rating.

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