Teladoc (TDOC) was Downgraded to a Hold Rating at Leerink Partners

Leerink Partners analyst Stephanie Davis downgraded Teladoc (TDOCResearch Report) to Hold today and set a price target of $35.00. The company’s shares closed last Wednesday at $55.99, close to its 52-week low of $50.08.

According to, Davis is a 2-star analyst with an average return of 0.5% and a 48.2% success rate. Davis covers the Technology sector, focusing on stocks such as Tabula Rasa HealthCare, Change Healthcare, and GoodRx Holdings.

Teladoc has an analyst consensus of Moderate Buy, with a price target consensus of $73.84, a 29.0% upside from current levels. In a report issued on April 19, Deutsche Bank also maintained a Hold rating on the stock with a $78.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Teladoc’s market cap is currently $9.02B and has a P/E ratio of -20.23.

Based on the recent corporate insider activity of 54 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDOC in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Teladoc Health, Inc. is a multinational telemedicine and virtual healthcare company. The company provides telehealth solutions, expert medical services, medical opinions, artificial intelligence and analytics, behavioral health solutions, guidance and support, and platform and program services.

Read More on TDOC:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More

Latest News Feed