CFRA has upgraded Supermicro (SMCI) to Buy from Hold, setting a price target of $48. The firm expects a near-term margin recovery to the mid-teens and sees potential market share gains driven by Supermicro’s rapid development capabilities and expanding product portfolio. CFRA also highlights the company’s strong position in liquid cooling and its advantage with Nvidia’s (NVDA) Blackwell B200 rack solutions, reinforcing its leadership in AI infrastructure.