RBC Capital Maintains Outperform on Teladoc Health, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Sean Dodge maintains an Outperform rating on Teladoc Health (TDOC) but lowers the price target from $30 to $25.

February 21, 2024 | 3:51 pm
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NEUTRAL IMPACT
RBC Capital maintains an Outperform rating on Teladoc Health but lowers the price target from $30 to $25.
While the maintenance of an Outperform rating suggests continued confidence in Teladoc Health's business model and growth prospects, the reduction in the price target could indicate concerns about near-term challenges or valuation adjustments. This mixed signal might lead to neutral short-term price movement as investors digest both the reaffirmation of the stock's potential and the tempered expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100