Goldman Sachs has initiated coverage of Tempus AI Inc. (TEM) with a Neutral rating and a 12-month price target of $75.00, against a reference price of $77.84 — implying roughly 3.6% downside. The bank frames the stock as a tug-of-war between a highly visible Diagnostics reimbursement runway and mid-term contract renewal uncertainty in the Data and Applications segment. Until visibility improves on those renewals and the competitive landscape, Goldman Sachs stays on the sidelines.
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