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Serve Robotics Stock Surges 234.44% in Trading Volume Ranking 484th with $191 Million Turnover
Generated by AI AgentAinvest Volume Radar
Thursday, May 22, 2025 7:50 pm ET1min read
On May 22, 2025,
(SERV) experienced a significant surge in trading volume, with a total turnover of $191 million, marking a 234.44% increase from the previous day. This substantial rise in trading activity positioned as the 484th most traded stock of the day. The stock price of SERV also saw a notable increase, rising by 21.15%.Cantor Fitzgerald initiated coverage on Serve Robotics with an Overweight rating and set a price target of $17. This new rating reflects a positive outlook for the company, which specializes in sidewalk delivery robots. The analyst behind this coverage, Andres Sheppard, highlighted the company's innovative approach in the robotics field, suggesting that investors and industry observers should closely monitor Serve Robotics' performance following this new rating.
Serve Robotics has garnered attention from analysts, with an average rating of buy and a mean price target of $16.20, according to various sources. This consensus rating underscores the optimism surrounding the company's prospects in the robotics industry. As Serve Robotics continues to innovate and expand its market presence, the positive analyst sentiment is likely to influence investor confidence and potentially drive further stock price appreciation.
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