Shares of Pony AI Inc. (NASDAQ:PONY - Get Free Report) 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.
Analyst Ratings Changes
Several equities research analysts have recently weighed in on the company. The Goldman Sachs Group started coverage on Pony AI in a research report on Monday, December 23rd. They set a "buy" rating and a $19.60 price target on the stock. Bank of America assumed coverage on shares of Pony AI in a report on Monday, December 23rd. They set a "buy" rating and a $18.00 target price on the stock.
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Pony AI Stock Performance
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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