HUYA Inc. (HUYA) PT Raised to $5.40 at Jefferies

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Morgan Stanley Upgrades HUYA Inc. (HUYA) to Equalweight, 'Clearer Transition'

May 15, 2024 2:52 PM EDT

Morgan Stanley analyst Alex Poon upgraded HUYA Inc. (NYSE: HUYA) from Underweight to Equalweight with a price target of $5.40 (from $3.10).

The analyst comments "HUYA started making progress in its transition from live streaming to other revenue streams with higher margin since its three-year... More