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Piper Sandler upgrades Tempus AI to Overweight, lifts target to $76

Tempus AI gained 2.46% premarket after Piper Sandler upgraded it to Overweight from Neutral and raised its price target to $76 from $56.

TEM

Tempus AI NASDAQ:TEM rose 2.46% premarket after Piper Sandler upgraded the stock to Overweight from Neutral and raised its price target to $76 from $56.

The firm had held a Neutral rating on the view that the valuation was tracking AI sentiment rather than the diagnostics and data businesses undern…