Wolfe starts ‘best-in-class’ Tempus AI with an Outperform

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https://www.tipranks.com/news/the-fly/wolfe-starts-best-in-class-tempus-ai-with-an-outperform

As previously reported, Wolfe Research analyst Doug Schenkel initiated coverage of Tempus AI (TEM) with an Outperform rating and $60 price target Tempus AI, a diagnostic company that has built a broad and growing menu of diagnostic tests to address clinical needs and amass genetic and phenotypic data, has been “best-in-class in this category as measured by monetization,” the analyst tells investors. The firm expects Tempus to generate a 30% revenue compound annual growth rate through FY28 as it expects more market penetration, more tests/patient, more menu, and more database monetization.

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