Citi opened a “90-day upside catalyst watch” on Pony AI (PONY) while keeping a Buy rating on the shares with a $24.50 price target The firm sees catalysts ahead from the company’s Q4 results and Waymo’s potential financing round in Q1. The financing along with improving investor sentiment on Pony’s potential entry into Southbound stock connect in June can drive a re-rating of the shares, the analyst tells investors in a research note.
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