Morgan Stanley Upgrades Tuya to Overweight, Announces $2.7 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Yang Liu has upgraded Tuya Inc. (NYSE:TUYA) from Equal-Weight to Overweight and set a price target of $2.7.
November 29, 2023 | 12:03 pm
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POSITIVE IMPACT
Tuya Inc. has been upgraded by Morgan Stanley from Equal-Weight to Overweight with a price target of $2.7.
Upgrades by major analysts like Morgan Stanley can lead to increased investor confidence and a potential rise in stock price. The new price target of $2.7 suggests a positive outlook for TUYA's future performance.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100