tiprankstipranks

Teladoc price target lowered to $9 from $15 at TD Cowen

TD Cowen lowered the firm’s price target on Teladoc to $9 from $15 and keeps a Hold rating on the shares. The firm said while they saw positive 2Q results, worsening CAC trends led to declines in BH users and revenues with management withdrawing consolidated and BH guides.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue