Tempus AI Inc (TEM) PT Raised to $65 at Guggenheim

Guggenheim analyst Subbu Nambi raised the price target on Tempus AI Inc (NASDAQ: TEM) to $65.00 (from $60.00) while maintaining a Buy rating.

The analyst commented: "We are updating our TEM model to reflect recent updates after meeting with the management team. We adjusted our historical oncology volumes from recent reporting changes and reflected commentary from TEM's recent investor day on ASP outlook (see our note here). We reiterate our BUY rating and are raising our PT from $60 to $65 on our increased estimates."

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