As previously reported, Oppenheimer analyst Colin Rusch initiated coverage of Aurora Innovation (AUR) with an Outperform rating and $15 price target The firm views Aurora as the leading vertically integrated play on autonomous trucking in North America. Leveraging proprietary 4D-Lidar and simulation technology in a compound AI strategy coupled with a strong ecosystem of partners, Oppenheimer believes Aurora is pioneering the industry at a judicious, sustainable rate with limited competition as it nears driver-out validation.
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