Pony AI (NASDAQ:PONY) Coverage Initiated at The Goldman Sachs Group

Equities researchers at The Goldman Sachs Group initiated coverage on shares of Pony AI (NASDAQ:PONY) in a report issued on Monday,Briefing.com Automated Import reports. The brokerage set a “buy” rating and a $19.60 price target on the stock. The Goldman Sachs Group’s price target points to a potential upside of 48.94% from the stock’s previous close.

Pony AI Trading Up 1.9 %

NASDAQ PONY opened at $13.16 on Monday. Pony AI has a 1 year low of $11.90 and a 1 year 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.