Pony AI Inc. (NASDAQ:PONY – Get Free Report)’s stock price fell 7.5% on Monday . The company traded as low as $13.72 and last traded at $13.95. 147,567 shares were traded during mid-day trading, a decline of 87% from the average session volume of 1,163,313 shares. The stock had previously closed at $15.08.
Wall Street Analyst Weigh In
PONY has been the subject of several research reports. Bank of America assumed coverage on shares of Pony AI in a research report on Monday, December 23rd. They set a “buy” rating and a $18.00 price target for the company. The Goldman Sachs Group started coverage on shares of Pony AI in a research report on Monday, December 23rd. They set a “buy” rating and a $19.60 target price for the company. Finally, Deutsche Bank Aktiengesellschaft began coverage on shares of Pony AI in a report on Tuesday. They issued a “buy” rating and a $20.00 price target on the stock.
View Our Latest Report on PONY
Pony AI Trading Down 1.2 %
About Pony AI
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.
Featured Articles
- Five stocks we like better than Pony AI
- Want to Profit on the Downtrend? Downtrends, Explained.
- 3 Dividend Stocks at Bargain Levels to Defend Your Portfolio
- 3 Tickers Leading a Meme Stock Revival
- 3 REITs With Big Dividend Growth and Sustainable Payouts
- Investing In Preferred Stock vs. Common Stock
- Can Integrated Healthcare Stocks Succeed in Public Markets?
Receive News & Ratings for Pony AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pony AI and related companies with MarketBeat.com's FREE daily email newsletter.
