Pony AI (NASDAQ:PONY) Coverage Initiated by Analysts at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft assumed coverage on shares of Pony AI (NASDAQ:PONY) in a research note released on Tuesday, Marketbeat.com reports. The firm issued a buy rating and a $20.00 target price on the stock.

A number of other equities analysts have also weighed in on PONY. The Goldman Sachs Group initiated coverage on shares of Pony AI in a research report on Monday, December 23rd. They issued a “buy” rating and a $19.60 price objective on the stock. Bank of America assumed coverage on shares of Pony AI in a research note on Monday, December 23rd. They set a “buy” rating and a $18.00 price target on the stock.

Pony AI Stock Performance

Shares of PONY stock opened at $14.13 on Tuesday. Pony AI has a twelve month low of $11.90 and a twelve month high of $16.32.

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.