Oppenheimer Maintains Outperform on Teladoc Health, Lowers Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Michael Wiederhorn has maintained an Outperform rating on Teladoc Health (NYSE:TDOC), but lowered the price target from $35 to $26.
October 25, 2023 | 1:45 pm
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Teladoc Health's price target has been lowered from $35 to $26 by Oppenheimer, though the Outperform rating is maintained.
The lowering of the price target by Oppenheimer indicates a potential decrease in the short-term value of Teladoc Health's stock. However, the maintenance of the Outperform rating suggests that the company is still expected to perform well relative to its peers.
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