Analysts Offer Insights on Industrial Goods Companies: Parker Hannifin (NYSE: PH), Pony AI Inc. Sponsored ADR (NASDAQ: PONY) and Fluor (NYSE: FLR)We rate Pony AI as High Risk, in line with our quant rating, given its loss-making status and high uncertainty in robotaxis’ future development. Key downside risks that could impede the stock from reaching our TP include: (1) technological development and commercialization challenges, (2) uncertainty of the business model and capital requirements, (3) safety and reliability concerns, (4) intense competition, (5) government intervention and regulation risks, (6) cash shortage risk, (7) high uncertainty with emerging and evolving technologies.