TD Cowen Keeps Their Hold Rating on Aurora Innovation (AUR)

In a report released today, Itay Michaeli from TD Cowen maintained a Hold rating on Aurora Innovation, with a price target of $5.50. The company’s shares closed yesterday at $5.10.

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According to TipRanks, Michaeli is an analyst with an average return of -19.9% and a 41.18% success rate. Michaeli covers the Consumer Cyclical sector, focusing on stocks such as Ford Motor, American Axle, and Autoliv.

Currently, the analyst consensus on Aurora Innovation is a Moderate Buy with an average price target of $11.50, representing a 125.49% upside. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $8.00 price target.

Based on Aurora Innovation’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $1 million and a GAAP net loss of $201 million. In comparison, last year the company had a GAAP net loss of $182 million

Based on the recent corporate insider activity of 39 insiders, corporate insider sentiment is neutral on the stock. Earlier this month, Brittany Bagley, a Director at AUR sold 50,000.00 shares for a total of $269,500.00.