What Happened To Aurora Innovation Stock Today?
Portfolio Pulse from Ryan Gustafson
Aurora Innovation, Inc. (NASDAQ:AUR) shares traded higher on Wednesday after Canaccord Genuity initiated coverage on the stock with a Buy rating and $5 price target. Analyst George Gianarikas is optimistic about the future of autonomous vehicles and believes Aurora is well positioned to dominate the US autonomous trucking market.
June 08, 2023 | 12:18 am
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Canaccord Genuity initiated coverage on Aurora Innovation with a Buy rating and $5 price target, causing the stock to trade higher. The analyst is optimistic about the future of autonomous vehicles and Aurora's potential in the market.
The Buy rating and $5 price target from Canaccord Genuity analyst George Gianarikas indicate a positive outlook for Aurora Innovation. The analyst's optimism about the future of autonomous vehicles and Aurora's potential to dominate the US autonomous trucking market is likely to have a positive short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100