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Aurora Innovation price target raised to $10 from $7 at Canaccord
The Fly

Aurora Innovation price target raised to $10 from $7 at Canaccord

Canaccord analyst George Gianarikas raised the firm’s price target on Aurora Innovation (AUR) to $10 from $7 and keeps a Buy rating on the shares. The firm noted the company announced announced a 3-way strategic partnership involving Nvidia (NVDA), Aurora, and Continental. Its previous model called for a capital raise at $2.50 but has now moved it up to $7.50 which reduced the dilutive effect of the potential offering , thus raising its price target

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