Analyst initiated coverage of Pony AI shares with a buy recommendation and a $32.80 price target. Pony AI saw a 9% increase in stock value following the recommendation. Jefferies analyst notes transformational moment for China’s transportation market, predicting it to reach $7.3 billion by 2030. Citigroup also flagged Pony AI as a stock to watch for potential upside catalyst. Despite not being in the top 10 recommended stocks, investors are urged to consider Pony AI’s growth potential in the autonomous vehicle technology sector. Stock Advisor boasts a 1,060% average return compared to the S&P 500’s 187%.

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