1 min read
Analysts Upgrade Tesla and Lam Research, Downgrade lululemon and Deckers
Tesla's upgrade involved FSD adoption and growth prospects; Lam Research moved to Hold after its shares fell 29%.

Analysts raised ratings on Tesla (TSLA) and Lam Research (LRCX), while lowering ratings on lululemon (LULU) and Deckers Outdoor (DECK).
FSD's broader use and Tesla's prospects in energy storage and autonomous driving factored into its higher rating.
Lam Research's rating shifted from Sell to Hold after a 29% share-price decline, with a refreshed valuation analysis indicating less overvaluation risk and prompting a fair-value reassessment.
lululemon's downgrade followed two guidance reductions. Revenue and earnings per share fell, and sales declined more steeply than the sector's. Deckers Outdoor also received a downgrade.