Aurora Innovation (NASDAQ:AUR – Free Report) had its price objective increased by Evercore ISI from $3.00 to $5.00 in a research report released on Monday, Benzinga reports. The brokerage currently has an in-line rating on the stock.
Separately, Canaccord Genuity Group reiterated a buy rating and set a $7.00 price target on shares of Aurora Innovation in a report on Monday, September 30th.
Check Out Our Latest Research Report on AUR
Aurora Innovation Stock Performance
Aurora Innovation (NASDAQ:AUR – Get Free Report) last issued its earnings results on Wednesday, July 31st. The company reported ($0.12) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.13) by $0.01.
Institutional Trading of Aurora Innovation
A number of institutional investors and hedge funds have recently added to or reduced their stakes in AUR. Sequoia Financial Advisors LLC acquired a new stake in Aurora Innovation during the 2nd quarter worth about $30,000. Profund Advisors LLC acquired a new stake in Aurora Innovation during the second quarter worth approximately $46,000. Empowered Funds LLC increased its holdings in Aurora Innovation by 44.1% in the first quarter. Empowered Funds LLC now owns 17,597 shares of the company’s stock worth $50,000 after purchasing an additional 5,386 shares in the last quarter. Vanguard Personalized Indexing Management LLC acquired a new position in Aurora Innovation in the second quarter valued at approximately $51,000. Finally, Diversified Portfolios Inc. bought a new position in shares of Aurora Innovation during the 2nd quarter worth approximately $54,000. Institutional investors and hedge funds own 44.71% of the company’s stock.
Aurora Innovation Company Profile
Aurora Innovation, Inc operates as a self-driving technology company in the United States. It focuses on developing Aurora Driver, a platform that brings a suite of self-driving hardware, software, and data services together to adapt and interoperate vehicles. The company was founded in 2017 and is headquartered in Pittsburgh, Pennsylvania.
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