Tuya Inc. (TUYA) Tops Q3 EPS by 2c

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Go back to Tuya Inc. (TUYA) Tops Q3 EPS by 2c

Morgan Stanley Upgrades Tuya Inc (TUYA) to Overweight, 'Attractive Risk/Reward'

November 29, 2023 6:13 AM EST

Morgan Stanley analyst Yang Liu upgraded Tuya Inc (NYSE: TUYA) from Equalweight to Overweight with a price target of $2.70 (from $1.80).

The analyst comments "Upgrade to OW on attractive risk reward. Running at US$10mn quarterly nonGAAP profit, Tuya's current... More