Oppenheimer Maintains Outperform on Aurora Innovation, Raises Price Target to $16
Oppenheimer analyst Colin Rusch maintains Aurora Innovation (NASDAQ:AUR) with a Outperform and raises the price target from $15 to $16.
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Shares of software companies are trading lower amid a broader technology sell-off led by declines in Micron and other semiconductor stocks. Comments from Intel and Broadcom CEOs that limited access to capital could constrain AI expansion, despite strong demand for computing infrastructure, are adding to concerns about the sustainability of tech-sector growth.
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