Deutsche Bank Aktiengesellschaft assumed coverage on shares of Pony AI (NASDAQ:PONY - Free Report) in a research report sent to investors on Tuesday morning, Marketbeat.com reports. The firm issued a buy rating and a $20.00 price target on the stock.
PONY has been the subject of a number of other reports. Bank of America started coverage on shares of Pony AI in a research 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 shares of Pony AI in a research note on Monday, December 23rd. They issued a "buy" rating and a $19.60 price target on the stock.
Read Our Latest Analysis on Pony AI
Pony AI Price Performance
NASDAQ:PONY traded down $0.17 during trading hours on Tuesday, hitting $14.13. 584,133 shares of the company's stock traded hands, compared to its average volume of 1,166,753. Pony AI has a twelve month low of $11.90 and a twelve month high of $16.32.
About Pony AI
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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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