Reported 2 days ago
Serve Robotics Inc. (NASDAQ:SERV) has received an Outperform rating from Wedbush analyst Daniel Ives, with a price target of $15.00, due to its potential in the growing AI-driven last mile delivery sector. The company is recognized for its innovative autonomous delivery platform that provides efficient, contactless services. Plans to expand its fleet to 2,000 robots by the end of 2025 and establish new partnerships position Serve to capitalize on increasing market demand for automation in delivery services.
Source: YAHOO