Tuya Inc. (TUYA) Misses Q4 EPS by 2c

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Tuya Inc (TUYA) PT Raised to $3 at Morgan Stanley

February 28, 2024 6:32 AM EST

Morgan Stanley analyst Yang Liu raised the price target on Tuya Inc (NYSE: TUYA) to $3.00 (from $2.70) while maintaining a Overweight rating.

The analyst comments "Global consumer electronic demand recovery and downstream restocking jointly contributed to a strong beat in 4Q23 for both revenue and margin.... More