US stocks surged | Serve Robotics (SERV.US) rose by over 15%, Wade Bush first rated it as "Buy"

According to the Wise Finance APP, on Wednesday, the stock price of Serve Robotics (SERV.US) surged, with the stock rising more than 15% to $11.94 as of press time. Analyst Daniel Ives of Wedbush initiated coverage on the stock with a "buy" rating and a target price of $15. The firm stated in their report that Serve Robotics has a "unique" advantage in the growing demand for automated last-mile delivery vehicles.