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Tempus AI price target lowered to $95 from $110 at Canaccord

Canaccord analyst Kyle Mikson lowered the firm’s price target on Tempus AI (TEM) to $95 from $110 and keeps a Buy rating on the shares. The firm said its target decrease is driven by lower revenue growth and operating margin expansion in the out years of their 10-year DCF model and noted the he company’s Q3 performance was driven by solid execution across each of its business segments.

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