Aurora Innovation shares are trading lower. TD Cowen initiated coverage on the stock with a Market Perform rating and announced a $3 price target.
Portfolio Pulse from Benzinga Newsdesk
TD Cowen has initiated coverage on Aurora Innovation with a Market Perform rating and a price target of $3. This has led to a decrease in Aurora Innovation's stock price.

September 19, 2023 | 4:45 pm
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Aurora Innovation's stock price is trading lower after TD Cowen initiated coverage with a Market Perform rating and a $3 price target.
The initiation of coverage by TD Cowen with a Market Perform rating and a relatively low price target of $3 has led to a decrease in Aurora Innovation's stock price. This suggests that the market may have been expecting a more positive outlook from the analyst, leading to a sell-off.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100