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Do Analysts Expect Tusimple Holdings Inc (TSP) Stock to Rise After It Has Fallen -34.17% in a Month?

Friday, March 24, 2023 11:19 AM | InvestorsObserver Analysts

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Do Analysts Expect Tusimple Holdings Inc (TSP) Stock to Rise After It Has Fallen -34.17% in a Month?

Wall Street is positive on Tusimple Holdings Inc (TSP). On average, analysts give the stock a Hold rating. The average price target is $8.188, which means analysts expect the stock to gain by 525.04% over the next twelve months. That average ranking earns the stock an Analyst Rating of 1, which is better than 1% of stocks based on data compiled by InvestorsObserver.

Overall Score - 2.1
Wall Street analysts are rating TSP a Hold today. Find out what this means to you and get the rest of the rankings on TSP!

Why are Analyst Ratings Important?

Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve. InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.

What's Happening With Tusimple Holdings Inc Stock Today?

Tusimple Holdings Inc (TSP) stock is trading at $1.31 as of 11:08 AM on Friday, Mar 24, a loss of -$0.06, or -4.38% from the previous closing price of $1.37. The stock has traded between $1.31 and $1.37 so far today. Volume today is low. So far 456,867 shares have traded compared to average volume of 2,373,532 shares. Click Here to get the full Stock Report for Tusimple Holdings Inc stock.

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