BUZZ-Tempus AI drops after Stifel cuts to 'hold' from 'buy'

Reuters
2024-11-11
BUZZ-<a href="https://laohu8.com/S/TEM">Tempus AI</a> drops after Stifel cuts to 'hold' from 'buy'

** Genetics testing firm Tempus AI's shares TEM.O fall 8.2% to $67.75

** Stifel cuts to "hold" from "buy"; raises price target to $65 from $45

** Brokerage says the valuation of stock looks stretched, after company commentary suggested 2025 outlook for core business might be guided below Street expectations

** Brokerage says co's acquisition of Ambry Genetics will be positive to overall business

** But it expects TEM's revenue growth to slow, especially in the data segment; points to the slower growth profile of Ambry's hereditary cancer testing market

** Avg rating of brokerages is a "buy"; median PT is $52 - LSEG data

** As of last close, TEM has risen 84.3% since its June 14 debut on Nasdaq

(Reporting by Sukriti Gupta in Bengaluru)

((Sukriti.Gupta@thomsonreuters.com;))

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10