Peeling Back The Layers: Exploring Teladoc Health Through Analyst Insights
Portfolio Pulse from Benzinga Insights
Analysts have varied opinions on Teladoc Health (NYSE:TDOC) with recent ratings showing a mix of bullish, indifferent, and somewhat bearish sentiments. The average 12-month price target has decreased by 31.12% to $11.95. Multiple analysts have lowered their price targets and ratings for TDOC, reflecting a cautious outlook.
August 02, 2024 | 3:00 pm
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NEGATIVE IMPACT
Analysts have shown mixed sentiments on Teladoc Health (NYSE:TDOC) with a notable decrease in the average 12-month price target by 31.12% to $11.95. Multiple analysts have lowered their ratings and price targets, indicating a cautious outlook on the stock.
The decrease in the average 12-month price target by 31.12% and multiple analysts lowering their ratings and price targets suggest a negative short-term outlook for Teladoc Health. This indicates that analysts are cautious about the company's future performance, which could lead to a decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100