Bank of America Initiates Coverage on Tempus AI (NASDAQ:TEM)

Equities research analysts at Bank of America initiated coverage on shares of Tempus AI (NASDAQ:TEM) in a research report issued on Tuesday, MarketBeat.com reports. The firm set a “buy” rating and a $41.00 price target on the stock. Bank of America‘s price target suggests a potential upside of 17.14% from the company’s previous close.

Several other equities analysts also recently issued reports on the company. William Blair started coverage on Tempus AI in a research report on Tuesday. They set an “outperform” rating for the company. Stifel Nicolaus started coverage on Tempus AI in a research report on Tuesday. They set a “buy” rating and a $45.00 price objective for the company. Longbow Research started coverage on Tempus AI in a research report on Tuesday. They set a “buy” rating and a $48.00 price objective for the company. JPMorgan Chase & Co. started coverage on Tempus AI in a research report on Tuesday. They set an “overweight” rating and a $42.00 price objective for the company. Finally, Morgan Stanley started coverage on Tempus AI in a research report on Tuesday. They set an “overweight” rating and a $44.00 price objective for the company. Nine investment analysts have rated the stock with a buy rating, According to data from MarketBeat, Tempus AI has a consensus rating of “Buy” and an average target price of $45.63.

Tempus AI Stock Up 1.4 %

Shares of TEM stock opened at $35.00 on Tuesday. Tempus AI has a 52 week low of $22.89 and a 52 week high of $43.88.

About Tempus AI

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.