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

The Goldman Sachs Group initiated coverage on shares of Pony AI (NASDAQ:PONY) in a report released on Monday morning, Marketbeat reports. The firm issued a buy rating and a $19.60 price objective on the stock.

Pony AI Price Performance

Shares of PONY opened at $13.02 on Monday. Pony AI has a 12-month low of $11.90 and a 12-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.