TD Cowen raised the firm’s price target on Aurora Innovation (AUR) to $9 from $8 and keeps a Hold rating on the shares. While the firm calls the Q1 report “an encouraging update overall,” and calls out management “sounding confident around the achievement of H2 milestones,” it looks for a more opportunistic entry point, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AUR:
- Aurora Innovation’s Strategic Positioning and Growth Potential Justifies Buy Rating
- Aurora Innovation’s Promising Trajectory in Autonomous Trucking: A Buy Rating Despite Leadership Changes
- Aurora Innovation Advances in Autonomous Trucking
- Aurora Innovation Launches Commercial Driverless Truck Operations
- Reinvent Technology Partners options imply 11.7% move in share price post-earnings