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Wall Street initiated the coverage of TuSimple Holdings (NASDAQ: TSP) with ratings mostly leaning positive.
TSP initially priced its shares at $40 each, which is higher than the midpoint of an expected IPO range of $37 per share. Ultimately, the company raised $1.08 billion while shareholders generated $270.3 million.
TPR stock price closed at $37.29 per share on Friday. The company is focused on Level 4 autonomous driving exclusively for commercial trucks.
Ravi Shankar, an analyst at Morgan Stanley, sees TSP as an early leader in commercial truck autonomy, hence the Overweight rating and a $48.00 per... More
Citi initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Buy rating and a price target of $75.00.
For an analyst ratings summary and ratings history on TuSimple Holdings Inc. click here. For more ratings news on TuSimple Holdings Inc. click here.
Shares of TuSimple Holdings Inc. closed at $37.29 yesterday.
... MoreCowen analyst Jeffrey Osborne initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Market Perform rating and a price target of $38.00.
For an analyst ratings summary and ratings history on TuSimple Holdings Inc.... More
Needham & Company analyst Rajvindra Gill initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Buy rating and a price target of $60.00.
For an analyst ratings summary and ratings history on TuSimple Holdings Inc.... More
Piper Sandler analyst Alexander Potter initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Overweight rating and a price target of $50.00.
For an analyst ratings summary and ratings history on TuSimple Holdings Inc.... More
(Updated - May 10, 2021 6:21 AM EDT)
Baird analyst Ben Kallo initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Outperform rating and a price target of $52.00.
The analyst comments "Using our DCF, we generate a $52 price target. We are firm... More
JPMorgan analyst Brian Ossenbeck initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Overweight rating and a price target of $55.00.
For an analyst ratings summary and ratings history on TuSimple Holdings Inc.... More
(Updated - May 10, 2021 4:48 AM EDT)
Morgan Stanley analyst Ravi Shanker initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Overweight rating and a price target of $48.00.
The analyst comments "We view TSP as an early leader in commercial... More
(Updated - May 9, 2021 6:40 PM EDT)
RBC Capital analyst Joseph Spak initiates coverage on TuSimple Holdings Inc. (NASDAQ: TSP) with a Outperform rating and a price target of $52.00.
... More
