Aurora rises after Needham initiates coverage with 'buy'

Shares of self-driving technology maker Aurora Innovation AUR.O rise 2.7% to $6.19 premarket

Needham initiates coverage with "buy" rating and $10 price target, which represents an upside of 65.8% from stock's last close

Brokerage says AUR is an industry leader in autonomous mobility, set to leverage their Aurora Driver platform and industry partnerships as they create the market for autonomous trucking on U.S. highways

Four of 8 brokerages rate the stock "buy" or higher, 4 "hold"; median PT is $10 - data compiled by LSEG

Up to last close, shares down 4.3% YTD