Shares of Aurora Innovation (AUR) are soaring 5.04% in intraday trading on Monday, capturing investor attention amidst a bullish analyst sentiment. The self-driving technology company's stock has seen a significant uptick, reflecting growing confidence in its market position and future prospects.

The surge in Aurora's stock price comes on the heels of a reaffirmed Buy rating from Cantor Fitzgerald analyst Andres Sheppard. In a report released earlier today, Sheppard maintained his bullish stance on Aurora Innovation, setting a price target of $12.00. This vote of confidence from a respected financial institution appears to have fueled investor optimism, contributing to the stock's impressive intraday performance.

Aurora Innovation, a leader in autonomous vehicle technology, has been making strides in the rapidly evolving self-driving car industry. The company's continued development of advanced driver-assistance systems and fully autonomous driving solutions has positioned it as a key player in the sector. Today's stock movement and the reaffirmed analyst rating suggest that market participants are increasingly recognizing Aurora's potential to capitalize on the growing demand for autonomous driving technologies in the coming years.