Pony AI Inc. (NASDAQ:PONY – Get Free Report) shares saw strong trading volume on Wednesday . 807,701 shares were traded during mid-day trading, a decline of 17% from the previous session’s volume of 971,396 shares.The stock last traded at $13.53 and had previously closed at $15.26.
Wall Street Analysts Forecast Growth
A number of brokerages have recently weighed in on PONY. Bank of America began coverage on Pony AI in a report on Monday, December 23rd. They issued a “buy” rating and a $18.00 price target for the company. The Goldman Sachs Group began coverage on Pony AI in a research note on Monday, December 23rd. They set a “buy” rating and a $19.60 price objective for the company.
Pony AI Price Performance
About Pony AI
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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