Aurora's Driverless Trucks Make Strides—Cantor Sets $12 Price Target

Reported 1 day ago

Aurora Innovation Inc. (NASDAQ:AUR) is gaining traction in the autonomous trucking sector, with Cantor Fitzgerald analyst Andres Sheppard reaffirming an 'Overweight' rating and a $12 target price. The company has reportedly become the first to operate a commercial self-driving service in the U.S., surpassing 3 million cumulative miles with its technology. Aurora's low asset intensity and favorable regulatory environment position it for rapid scaling, aided by its partnership with Continental. While AUR shows promise, some analysts believe other AI stocks may offer better returns.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis