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Fly News Breaks for January 21, 2020
TDOC
Jan 21, 2020 | 08:38 EDT
JPMorgan analyst Lisa Gill raised her price target for Teladoc Health to $112 from $94 and keeps an Overweight rating on the shares. Around the JPMorgan Healthcare conference, Teladoc announced several positive developments, including the acquisition of InTouch Health, Q4 revenue and visit guidance increases, and the company's commentary around robust selling momentum heading into 2020, Gill tells investors in a research note. The analyst increased her estimates to reflect these developments.
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