SA analyst upgrades/downgrades: TSLA, SMCI, ASML, AXP
Complete. Here is the key summaryThe Asian Investor downgraded Tesla (TSLA) to Hold. Despite a Q2 delivery rebound, gross margins fell to 16.8% and free cash flow turned negative by $1.1 billion due to a 142% surge in AI capital expenditures. The analyst cited missed EPS estimates and disappointing earnings as reasons for the downgrade, though they remain bullish on the robotics market.
Recent analyst actions on Seeking Alpha highlight significant rating changes across the technology and financial sectors. Super Micro Computer (SMCI) and ASML Holding (ASML) have received upgrades as analysts point to strong AI-driven demand and improved fundamentals. Meanwhile, Tesla (TSLA) and American Express (AXP) face downgrades amid margin pr...