Canaccord Lowers Price Objective On Tempus AI, Inc. (TEM)

Core Insights - Tempus AI, Inc. (NASDAQ:TEM) is recognized as one of the 12 best genomics stocks to invest in [1] Price Adjustments - Canaccord lowered its price objective for Tempus AI, Inc. from $95 to $80 while maintaining a buy rating [2] - BofA also reduced its price estimate for Tempus AI, Inc. from $90 to $80, reaffirming a neutral recommendation [3] Market Outlook - Canaccord noted that the sector momentum from the latter half of 2025 is expected to continue into 2026, particularly in life science instruments and diagnostics [2] - BofA anticipates a rebound in biopharma spending, which is expected to provide significant support for the industry [4] Company Overview - Tempus AI, Inc. is a healthcare technology company that offers molecular genotyping, polymerase chain reaction profiling, next-generation sequencing diagnostics, and various pathology tests to medical professionals and other stakeholders [5]

Canaccord Lowers Price Objective On Tempus AI, Inc. (TEM) - Reportify