Here's Why Serve Robotics Surged This Week

A positive rating from an analyst highlighted the growth potential at the company this week.Shares in Serve Robotics (SERV -2.44%) rose by 15.7% in the week through Friday morning, driven higher by the initiation of coverage by Wedbush Securities, whose analyst Dan Ives slapped a $15 price target on the stock and gave it an "outperform" rating. Given that the price target represents a 33% premium to the stock price at the time of writing, it's not too late to buy in if you have confidence in the analyst's e ...