Teladoc (TDOC) CEO Breakfast Hints At Strong Results - Piper Jaffray

Piper Jaffray analyst Sean Wieland reiterated an Overweight rating on shares of Teladoc (NYSE: TDOC) after hosting a group breakfast with CEO Jason Gorevik where the group learned that bookings are up y/y across all products and all channels and conversations imply that the United deal announcement is very close and the CFO search is complete. Both announcements should be forthcoming.

The analyst stated "Teladoc is ahead of where they were last year in terms of bookings, and the RFPs they are seeing are broader in nature, spanning the totality of virtual care, including expert medical services, behavioral, and international. They are also seeing strong demand across all channels - large and small employers, health plans, and international."

For an analyst ratings summary and ratings history on Teladoc click here. For more ratings news on Teladoc click here.

Shares of Teladoc closed at $62.77 yesterday.

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