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TDOC

Teladoc

$95.60 /

-1.22 (-1.26%)

08:40
01/21/20
01/21
08:40
01/21/20
08:40

Teladoc price target raised to $110 from $80 at Craig-Hallum

Craig-Hallum analyst Matt Hewitt raised his price target for Teladoc to $110 from $80 while maintaining a Buy rating on the shares. The analyst notes that Teladoc has announced it has agreed to acquire InTouch Health, which was followed by a pre-release of Q4 results that were above consensus on the top line. Overall, he came away from these announcements with increased confidence that Teladoc's rapid rate of growth can be sustained - or even accelerate - in the coming quarters. Longer term, Hewitt believes the acquisition of InTouch strengthens Teladoc's position within the provider portion of the market, an area that historically had been less of a focus for the company.

TDOC Teladoc
$95.60 /

-1.22 (-1.26%)

01/21/20 JPMorgan
Teladoc price target raised to $112 from $94 at JPMorgan
01/14/20 Guggenheim
Teladoc price target raised to $110 from $90 at Guggenheim
01/14/20 Barclays
Teladoc price target raised to $95 from $80 at Barclays
01/14/20 KeyBanc
Teladoc price target raised to $106 from $93 at KeyBanc

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Syndicate
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  • 21
    Feb
Syndicate
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$1.98 /

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Earnings
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