Chardan analyst Jim McIlree initiated coverage of Kodiak AI (KDK) with a Buy rating and $22 price target. Kodiak trades at an 85% discount to Aurora Innovation (AUR), the analyst tells investors in a research note. The firm says Kodiak’s flagship product is the Kodiak Driver, an artificial intelligence-controlled system installed on trucks that enables autonomous driving. Chardan believes the company’s expertise is unmatched and gives Kodiak an advantage over competitors in other off-road industrial markets.
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