UPDATE: TuSimple Holdings Inc. (TSP) PT Lowered to $45 at Morgan Stanley
Get Alerts TSP Hot Sheet
Price: $0.25 --0%
Rating Summary:
6 Buy, 9 Hold, 5 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
6 Buy, 9 Hold, 5 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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(Updated - March 3, 2022 1:28 PM EST)
Morgan Stanley analyst Ravi Shanker lowered the price target on TuSimple Holdings Inc. (NASDAQ: TSP) to $45.00 (from $75.00) while maintaining a Overweight rating.
The analyst comments "TSP said that CEO Cheng Lu and Chairman of the Board Mo Chen will be handing over both mantles to co-founder and CTO Xiaodi Hou. We are very familiar with Dr. Hou and continue to have high confidence in the TSP story but acknowledge that this sudden transition brings near-term noise/execution risk."
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