Cowen & Co. analyst Jeff Osborne reiterated a Hold rating on TuSimple Holdings (TSP – Research Report) yesterday and set a price target of $10.00. The company’s shares closed last Tuesday at $9.15, close to its 52-week low of $5.99.
According to TipRanks.com, Osborne is a 4-star analyst with an average return of 7.1% and a 46.4% success rate. Osborne covers the Industrial Goods sector, focusing on stocks such as Ballard Power Systems, Workhorse Group, and Aptiv.
TuSimple Holdings has an analyst consensus of Strong Buy, with a price target consensus of $21.39.
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TuSimple Holdings’ market cap is currently $2.01B and has a P/E ratio of -4.24.
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TuSimple Holdings Inc is an autonomous technology company in the global truck freight market. It has developed a technology for semi-trucks to build the Autonomous Freight Network (AFN) in partnership with shippers, carriers, railroads, freight brokers, fleet asset owners, and truck hardware partners. The company recognizes revenue primarily from providing freight capacity services.
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