Bank of America began coverage on shares of Pony AI (NASDAQ:PONY - Free Report) in a research report report published on Monday, Marketbeat Ratings reports. The firm issued a buy rating and a $18.00 target price on the stock.
Separately, The Goldman Sachs Group assumed coverage on shares of Pony AI in a report on Monday. They issued a "buy" rating and a $19.60 target price on the stock.
View Our Latest Research Report on PONY
Pony AI Stock Performance
Shares of NASDAQ:PONY traded up $1.23 on Monday, hitting $14.39. The company had a trading volume of 1,325,031 shares, compared to its average volume of 1,010,173. Pony AI has a 52-week low of $11.90 and a 52-week high of $16.32.
Pony AI Company Profile
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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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