The analyst told investors in a research note that Ladenburg...
The analyst told investors in a research note that Ladenburg initiated coverage of Serve Robotics, rating Serve Robotics at $16, aiming to modernize the last-mile delivery. The company stated that third-party delivery based on apps is a comparable market, but resource-intensive, and plagued by inefficiency and high costs. Ladenburg pointed out that the service cost per delivery today is in single digits, with a target of scaling below $1. It believes the company has the infrastructure to acquire shares. The company thinks that SERV Serve Robotics "has a strong early foothold in disrupting a very large market".
🤑 Uncle's Opinion: After a period of consolidation, SERV has started a new round of high trading volume. It surged 13% tonight. Within half an hour of opening, the volume soared to 43 million and the stock price rose by 11.07. I always say, understand the business you are investing in, and do not worry about short-term declines. AI Robo is the future, the process may fluctuate, but it will eventually prevail.
🤑 Uncle's Opinion: After a period of consolidation, SERV has started a new round of high trading volume. It surged 13% tonight. Within half an hour of opening, the volume soared to 43 million and the stock price rose by 11.07. I always say, understand the business you are investing in, and do not worry about short-term declines. AI Robo is the future, the process may fluctuate, but it will eventually prevail.
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