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Evercore ISI Maintains a Hold Rating on Aurora Innovation (AUR)
Yahoo Financeยท 2025-10-28 15:27
Core Insights - Aurora Innovation, Inc. is recognized as one of the best mid-cap stocks to buy, with a current hold rating and a price target of $8 set by Evercore ISI [1] Financial Position - The company has maintained liquidity of $1.3 billion, which is projected to sustain operations until Q2 2027 [2] Strategic Vision - Aurora aims for a revenue target between $2 billion and $3 billion by 2028 and plans to transition to a driver-as-a-service model by 2027 through a phased approach [3] - The company has successfully surpassed 50,000 driverless miles between Dallas and Houston, showcasing its operational capabilities [2][3] Business Model - Aurora develops a self-driving platform applicable across various vehicle types and offers driverless trucking services [3]