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Fly News Breaks for January 13, 2020
TDOC
Jan 13, 2020 | 07:28 EDT
Credit Suisse analyst Jailendra Singh raised his price target for Teladoc to $90 from $75 after the company announced it has entered into a definitive agreement to acquire InTouch Health for $600M - $150M in cash plus $450M in Teladoc shares. Nonetheless, the analyst reiterates a Neutral rating on the stock given valuation.
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