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Teladoc price target lowered to $8 from $9 at TD Cowen

TD Cowen lowered the firm’s price target on Teladoc (TDOC) to $8 from $9 and keeps a Hold rating on the shares. The firm said 2025 is poised to be a transition year as management expects a flatish revevenues for IC and CAC dynamics to persist through 2025 pressuring BH User growth and revenues down year-over-year.

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