TD Cowen lowered the firm’s price target on Teladoc (TDOC) to $8 from $9 and keeps a Hold rating on the shares. The firm said 2025 is poised to be a transition year as management expects a flatish revevenues for IC and CAC dynamics to persist through 2025 pressuring BH User growth and revenues down year-over-year.
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Read More on TDOC:
- Teladoc price target raised to $12 from $10 at Barclays
- Teladoc Health Reports Q3 2024 Financial Results
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- Teladoc sees FY24 revenue growth % low single digits to mid-single digits y/y
- Teladoc reports Q3 EPS (19c), consensus (27c)