BofA raised the firm’s price target on Teladoc (TDOC) to $9 from $8.50 and keeps a Neutral rating on the shares after the company announced a CFO transition, reaffirmed its 2025 revenue and adjusted EBITDA outlook and provided preliminary Q3 results. The firm continues to view Teladoc as a differentiated asset given its broad scale and optionality from recent acquisitions, but remains cautious on the near-term outlook, the analyst tells investors.
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Read More on TDOC:
- Teladoc’s Mixed Signals: Neutral Rating Amid Growth in Chronic Care and CFO Departure Uncertainty
- Teladoc’s Transitional Phase: Hold Rating Amid Financial Stability and Strategic Shifts
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