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Fly News Breaks for January 13, 2020
TDOC
Jan 13, 2020 | 07:49 EDT
Cowen analyst Charles Ryhee raised his price target on Teladoc to $100 from $86 following its acquisition of InTouch which he believes signals the start of a trend of providers becoming more active in telehealth. He said what previously it was primarily driven by employers, but he sees providers and hospitals as representing a significant growth opportunity. Ryhee reiterated his Outperform rating on Teladoc shares.
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