Aurora Innovation Stock Price Target Increased

Aurora Innovation's stock has seen a boost in price targets from various analysts, with Canaccord Genuity raising theirs from $7.00 to $10.00, indicating a potential upside of over 24%. Overall, the stock holds a consensus rating of 'Hold' among analysts, with an average price target of $6.30. Notably, there has been significant insider selling, including Reid Hoffman who sold approximately 3.5 million shares. Additionally, unusual options trading activity was reported, with a 466% increase in call options bought on a recent Tuesday. In related news, several large investors have been adjusting their positions in the company, with Baillie Gifford & Co. increasing their stake significantly. Analysts remain divided, with one 'sell' rating, three 'hold' ratings, and two 'buy' ratings issued.