Aurora Innovation (AUR) Receives a Buy from Canaccord Genuity
Canaccord Genuity analyst George Gianarikas maintained a Buy rating on Aurora Innovation yesterday and set a price target of $15.00. The company’s shares closed yesterday at $4.60.
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Gianarikas covers the Industrials sector, focusing on stocks such as Fuelcell Energy, Generac Holdings, and Plug Power. According to TipRanks, Gianarikas has an average return of 11.2% and a 42.81% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Aurora Innovation with a $10.56 average price target.
Based on Aurora Innovation’s latest earnings release for the quarter ending September 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 $208 million
Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is neutral on the stock. Last month, Christopher Urmson, the CEO of AUR bought 258,000.00 shares for a total of $998,460.00.
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