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Tempus AI price target raised to $70 from $68 at BofA

BofA raised the firm’s price target on Tempus AI (TEM) to $70 from $68 and keeps a Neutral rating on the shares. The firm, which reiterates a Neutral rating on AI-enabled precision medicine company given what it calls “an already premium valuation,” remains constructive on the business and key markets and cites peer group expansion for its increased price target

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