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Pony.ai ADR Soars in Pre-Market Trading Amid UBS's 'Buy' Rating Initiation
3 week ago /
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Author：小编
In pre-market trading, Pony.ai's Class A American Depositary Receipts (ADR) surged by 3.8%, following UBS's initiation of coverage with a 'Buy' rating. UBS highlighted Pony.ai's pioneering role in the commercialization of autonomous taxis in China and set a target price of $20 for the company, marking a 53% premium over Friday's closing price.
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