Teladoc Announces Pricing of Sale of Shares of Common Stock

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Teladoc (TDOC) PT Lowered to $23 at Cantor Fitzgerald Following Offering

January 19, 2017 8:27 AM EST

Cantor Fitzgerald lowered its price target on Teladoc (NYSE: TDOC) to $23.00 (from $25.00) while maintaining a Overweight rating after the company announced it had sold 6.65 million primary shares in a public offering.

Analyst Steven Halper commented, "We estimate net proceeds to the company will be... More