Starship is the minimal, blazing fast, and extremely customizable prompt for any shell! Shows the information you need, while staying sleek and minimal. Quick installation available for Bash, Fish, ZS...

Investing.com -- Serve Robotics (NASDAQ:SERV) stock surged 14% after Wedbush analyst Daniel Ives initiated coverage with an Outperform rating and a $15 price target, representing significant upside from yesterday’s closing price of $10.27. The autonomous delivery platform company, which spun off from Postmates in 2021, caught the analyst’s attention for its level 4 autonomous robots designed for last-mile delivery in urban environments. According to Ives, Serve Robotics "is uniquely positioned to capitalize on the accelerating adoption of AI-driven last mile delivery vehicles." Serve’s technology allows its robotic fleet to navigate city streets and sidewalks while providing contactless delivery service without requiring technical expertise from users. The company has been forging partnerships with major industry players and merchant platforms to optimize deployments. The company has ambitious expansion plans, aiming to scale to 2,000 robots across multiple cities by the end of 2025. Serve is also planning to launch in new cities with strong urban presences and favorable regulations, while developing strategic partnerships with restaurants and enterprises nationwide. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. 3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads. ProPicks AI analyzes thousands of stocks using 100+ institutional-grade financial metrics to identify the strongest opportunities. With 80+ strategies across global markets, you might be surprised where SERV appears. Our flagship Tech Titans strategy doubled the S&P 500 within 18 months, including notable winners like Super Micro Computer (+185%) and AppLovin (+157%). Each strategy refreshes monthly with 10-20 high-conviction picks. Even if SERV isn't currently featured, you'll discover similar opportunities in the same industry or theme—stocks the AI identifies before they breakout. Now up to 50% off while our Summer Sale lasts.

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