Pony AI Inc. (NASDAQ:PONY – Get Free Report)’s share price was down 2.5% during trading on Tuesday . The stock traded as low as $13.91 and last traded at $14.03. Approximately 106,871 shares were traded during trading, a decline of 89% from the average daily volume of 959,574 shares. The stock had previously closed at $14.39.
Analyst Upgrades and Downgrades
PONY has been the topic of a number of analyst reports. The Goldman Sachs Group assumed coverage on Pony AI in a research note on Monday. They issued a “buy” rating and a $19.60 price target on the stock. Bank of America started coverage on Pony AI in a research note on Monday. They issued a “buy” rating and a $18.00 target price on the stock.
View Our Latest Analysis on Pony AI
Pony AI Stock 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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