BofA lowered the firm’s price target on Teladoc (TDOC) to $10.50 from $11.50 and keeps a Neutral rating on the shares. The firm, which notes it has been cautious on the trajectories of BetterHelp and Chronic care, looks for more detail on the pricing changes that may be taking place in the core business and lowered its price target based on lower peer multiples.
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