Aurora Innovation, Inc. (NASDAQ:AUR) is one of the best-performing midcap tech stocks in the last 3 years. On October 6, Ravi Shanker from Morgan Stanley reiterated a Buy rating on the shares with a price target of $12.
Earlier in September, on September 15 to be precise, Cantor Fitzgerald’s analyst Andres Sheppard also reiterated a Buy rating on the stock with the same price target.
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On September 2, Canaccord Genuity analyst George Gianarikas held a Buy rating for Aurora too, but was more optimistic with a price target of $15, which implies an upside of 191% from current levels.
Aurora Innovation, Inc., based in Pittsburgh, Pennsylvania, develops autonomous driving systems for long-haul trucking and freight logistics. The company designs, tests, and deploys its proprietary Aurora Driver platform, which integrates hardware, software, and machine learning to enable fully driverless operations.
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