Pony AI Inc. (NASDAQ:PONY – Get Free Report) saw strong trading volume on Wednesday . 807,701 shares traded hands during 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
Several analysts recently weighed in on the company. The Goldman Sachs Group began coverage on Pony AI in a research note on Monday, December 23rd. They issued a “buy” rating and a $19.60 price target on the stock. Bank of America began coverage on Pony AI in a research note on Monday, December 23rd. They issued a “buy” rating and a $18.00 target price on the stock.
Check Out Our Latest Stock Analysis on Pony AI
Pony AI Trading Down 9.4 %
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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