Where Teladoc Health Stands With Analysts
Portfolio Pulse from Benzinga Insights
Teladoc Health (NYSE:TDOC) has been analyzed by 7 analysts, showing a mix of ratings from bullish to bearish. The average 12-month price target is now $22.43, down 17.45% from the previous $27.17. Analysts have adjusted their ratings and price targets in response to market conditions and company performance. Teladoc Health, a virtual health provider, has shown impressive revenue growth and financial performance, despite a market capitalization below industry averages.
February 26, 2024 | 1:00 pm
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NEGATIVE IMPACT
Teladoc Health's average 12-month price target has been lowered to $22.43, indicating a 17.45% decrease from the previous target. Analysts have adjusted their ratings, reflecting a cautious outlook on the company's stock.
The decrease in the average price target and the mix of analyst ratings suggest a cautious or bearish outlook for Teladoc Health in the short term. This adjustment reflects concerns about market conditions and the company's performance, which could lead to a negative impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100