Tempus AI (TEM) shares dropped nearly 20% in recent trading on Tuesday after JPMorgan downgraded the stock to neutral from overweight while adjusting its price target to $55 from $50.
The downgrade occurred after the company's Q4 earnings and revenue missed consensus estimates.
Trading volume stood at over 16.9 million shares against a daily average of more than 10.1 million.
Price: 55.86, Change: -13.72, Percent Change: -19.71
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