Aurora Innovation (AUR) saw its stock price surge by 5.04% during Monday's intraday trading session, following a positive analyst report from Cantor Fitzgerald. The autonomous vehicle technology company's shares gained momentum after the investment firm reiterated its Buy rating on the stock.

Analyst Andres Sheppard from Cantor Fitzgerald maintained a Buy rating on Aurora Innovation, setting a price target of $12.00. This target suggests significant upside potential from the stock's current trading levels, which likely contributed to the increased investor interest and subsequent price jump.

The reiteration of the Buy rating by a reputable investment firm appears to have boosted investor confidence in Aurora Innovation's prospects. As the company continues to develop its self-driving technology, positive analyst sentiment could play a crucial role in shaping market perception and driving further stock price appreciation.