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Stock impact report

Tempus AI, Inc. (TEM) Announces Strategic Deal with Merck to Fast-Track AI-Driven Precision Medicine [Yahoo! Finance]

Tempus AI, Inc. - Class A (TEM) 
Company Research Source: Yahoo! Finance
partnership with Merck to fast-track the development of AI-driven precision medicine and support the pharma-maker's oncology portfolio and other therapeutic offerings. As part of the agreement, Merck will leverage Tempus AI, Inc. (NASDAQ:TEM)'s de-identified data and Lens Platform and Workspaces technologies to generate new discoveries and accelerate the development and effective use of candidate therapies on a large scale. In other news, on February 25, JPMorgan analyst Casey Woodring slashed the stock's price target to $60 from $80, with a Neutral rating, following the company's Q4 earnings call a day prior. Tempus AI, Inc. (TEM) Announces Strategic Deal with Merck to Fast-Track AI-Driven Precision Medicine Photo from Iovance Biotherapeutics website According to TipRanks, the firm cited Tempus AI, Inc.'s (NASDAQ:TEM) ‘clouded visibility' on data upside and a revision to its outlook for Ambry as the reason behind the adjustment. As of the close of business on March 4, the Show less Read more
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