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Aurora Innovation (AUR) Gets a Buy from Northland Securities

Tipranks - Tipranks - Fri Jul 24, 10:30AM CDT

Northland Securities analyst Michael Latimore maintained a Buy rating on Aurora Innovation today and set a price target of $11.00.

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Latimore covers the Technology sector, focusing on stocks such as Ondas, Gorilla Technology Group Inc., and NICE. According to TipRanks, Latimore has an average return of 6.3% and a 32.04% success rate on recommended stocks.

In a report released yesterday, Canaccord Genuity also maintained a Buy rating on the stock with a $15.00 price target.

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Based on Aurora Innovation’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1 million and a GAAP net loss of $223 million. In comparison, last year the company had a GAAP net loss of $208 million

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of AUR in relation to earlier this year. Last month, David Wehner, a Director at AUR bought 82,500.00 shares for a total of $498,300.00.

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