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0.00263904828179526 0.00313729528276354 0.000646060277922147 -0.0128066087482208 0.00197471894717093 -0.00284166872885557 0.00944842396169476 0.0101127532963191
Stock impact report

TD Cowen Reaffirms Hold Rating on Tempus AI (TEM), Cites the Company's Position to be a Leader [Yahoo! Finance]

Tempus AI, Inc. - Class A (TEM) 
Company Research Source: Yahoo! Finance
According to TD Cowen, analyst Dan Brennan will be joined by a co-analyst in covering the healthcare AI company. The added coverage will focus on leveraging TD Cowen's artificial intelligence abilities to examine Tempus AI's database and commercial applications. Citing the company's vast data assets as a competitive advantage, the firm believes Tempus AI, Inc. (NASDAQ:TEM) is “well positioned to be a leader” in the pharmaceutical R&D efficiency area. As genomics testing and data services gained traction, the company declared a revenue of $334.2 million, while adjusted EBITDA improved to $1.5 million. In addition, Tempus AI, Inc. (NASDAQ:TEM) management is shifting a sizeable portion of xT CDx volume to FDA-approved and Advanced Diagnostic Laboratory Test tracks, with additional FDA filings planned. The company aims to submit xT for FDA approval by the end of this year, followed by the xR test, establishing a framework for ADLT pricing through 2026. Tempus AI, Inc. (NASDAQ:TEM) i Show less Read more
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