Tuya Announces Declaration of Special Dividend

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Morgan Stanley Reiterates Overweight Rating on Tuya Inc (TUYA)

August 27, 2024 5:25 AM EDT

Morgan Stanley analyst Yang Liu reiterated an Overweight rating and $3.50 price target on Tuya Inc (NYSE: TUYA).

The analyst comments "Strong revenue beat signals strong global downstream demand and cost control added to the OP turnaround. A special dividend of 100%... More