Why Tempus AI Stock Raced More Than 5% Higher Today

There was nothing artificial about the share price boost enjoyed by artificial intelligence (AI) specialist Tempus AI (NASDAQ: TEM). The company, which concentrates on applying AI functionalities to drug discovery, saw the value of its shares increase by 5% on an analyst update that was optimistic on the company's future. With that rise, Tempus AI had a better day than the S&P 500 (SNPINDEX: ^GSPC), which bumped 1.1% higher.Although the update from Cannacord Genuity's Kyle Mikson didn't feature a change in the analyst's Tempus AI price target or recommendation, it did reiterate his sunny outlook on the company. He still rates it a buy, with a $110 per-share price target. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool