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.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TDOC:
- Teladoc price target raised to $12 from $10 at Barclays
- Teladoc Health Reports Q3 2024 Financial Results
- Closing Bell Movers: Microsoft, Meta both down about 3% despite earnings beats
- Teladoc sees FY24 revenue growth % low single digits to mid-single digits y/y
- Teladoc reports Q3 EPS (19c), consensus (27c)