Pony AI Inc. (NASDAQ:PONY – Get Free Report)’s share price gapped up before the market opened on Tuesday . The stock had previously closed at $15.25, but opened at $15.75. Pony AI shares last traded at $14.57, with a volume of 627,884 shares changing hands.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on the stock. The Goldman Sachs Group assumed coverage on shares of Pony AI in a report on Monday, December 23rd. They set a “buy” rating and a $19.60 target price on the stock. Bank of America began coverage on shares of Pony AI in a research note on Monday, December 23rd. They set a “buy” rating and a $18.00 price objective on the stock.
Read Our Latest Research Report on PONY
Pony AI Stock Down 5.9 %
Pony AI Company Profile
Pony AI Inc, through its subsidiaries, engages in the autonomous mobility principally in the People’s Republic of China and the United States. The company provides robotruck services, such as transportation services to the logistics platforms. Pony AI Inc is based in Guangzhou, the People’s Republic of China.
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