Loop Capital Initiates Coverage on Tempus AI (NASDAQ:TEM)

Equities research analysts at Loop Capital began coverage on shares of Tempus AI (NASDAQ:TEM) in a research report issued to clients and investors on Tuesday, Marketbeat.com reports. The brokerage set a “buy” rating and a $48.00 price target on the stock. Loop Capital’s price target points to a potential upside of 37.14% from the company’s current price.

Separately, JPMorgan Chase & Co. assumed coverage on shares of Tempus AI in a research note on Tuesday. They issued an “overweight” rating and a $42.00 price objective for the company. Nine research analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $45.63.

Tempus AI Trading Up 1.4 %

TEM opened at $35.00 on Tuesday. Tempus AI has a twelve month low of $22.89 and a twelve month high of $43.88.

Tempus AI Company Profile

Tempus AI Inc is a technology company advancing precision medicine through the practical application of artificial intelligence principally in healthcare. The company provides AI-enabled precision medicine solutions to physicians to deliver personalized patient care and in parallel facilitates discovery, development and delivery of optimal therapeutics.