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Teladoc (TDOC) Receives a Buy from Cantor Fitzgerald
In a report released yesterday, from Cantor Fitzgerald reiterated a Buy rating on Teladoc, with a price target of $10.00. The company’s shares closed yesterday at $4.65.
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In addition to Cantor Fitzgerald, Teladoc also received a Buy from Piper Sandler’s Jessica Tassan in a report issued today. However, on the same day, TipRanks – Google reiterated a Hold rating on Teladoc (NYSE: TDOC).
Based on Teladoc’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $626.44 million and a GAAP net loss of $49.51 million. In comparison, last year the company earned a revenue of $640.51 million and had a GAAP net loss of $33.28 million
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- Teladoc price target lowered to $9 from $12 at Piper Sandler
- Teladoc price target lowered to $5 from $8 at Evercore ISI
- Teladoc price target lowered to $6 from $8 at Stifel
- Teladoc price target lowered to $6 from $8 at Wells Fargo
- Teladoc: Mixed Results, Structural Headwinds, and Below-Consensus Outlook Justify Neutral Stance
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