TSP Stock: $62 Target By Credit Suisse

By Amit Chowdhry ● May 12, 2021
  • The shares of TuSimple Holdings Inc (NASDAQ: TSP) have received a $62 target by Credit Suisse. These are the details.

The shares of TuSimple Holdings Inc (NASDAQ: TSP) have received a $62 target by Credit Suisse. And Credit Suisse analyst Dan Levy initiated coverage of TuSimple with an “Outperform” rating.

Levy pointed out that he is positive about TuSimple given the opportunities around autonomous driving technology in the truck freight industry. And this implies “significant potential disruption ahead,” according to Levy.

Plus Levy noted that TuSimple is expected to benefit from attractive go-to-market strategies and key validation data points.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.