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🟣SEVEN BROKERAGE FIRMS INITIATE "BUY"

🟣SEVEN BROKERAGE FIRMS INITIATE "BUY"

Day: Monday | Time: 16:54:51 Seven brokerage firms, including J.P. Morgan, Morgan Stanley, BofA Global Research, and Stifel, have initiated coverage with a "buy" or "overweight" rating, with a maximum target price of $50 from TD Cowen. The brokerage firms, which were underwriters of Tempus' initial public offering, issued their first ratings after the end of the so-called "quiet period" on Tuesday. Tempus AI's net loss increased to $289.8 million in 2023 compared to $214.1 million the previous year, while total revenue increased by 65.8% to $531.8 million.

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