Goldman Sachs analyst Mark Delaney upgraded Aurora Innovation (AUR) to Neutral from Sell with a price target of $6, up from $3. The firm believes meaningful downside risk to Street estimates has passed. It sees Aurora as getting a “scarcity premium at least for now” due to a lack of other publicly traded autonomy exposed companies that are early/first to market. The analyst continues to see Aurora as a leader in the autonomous vehicle trucking space, and expects the company will begin driverless commercial operations this year.
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