Pony AI Inc. (NASDAQ:PONY – Get Free Report)’s share price traded up 7.3% during trading on Tuesday . The stock traded as high as $16.25 and last traded at $16.16. 233,228 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 671,467 shares. The stock had previously closed at $15.06.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on PONY shares. Bank of America assumed coverage on 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 assumed coverage on shares of Pony AI in a research report on Monday, December 23rd. They issued a “buy” rating and a $19.60 target price for the company.
Read Our Latest Research Report on Pony AI
Pony AI Price Performance
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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