Teladoc (TDOC) Tops Q1 EPS by 4c, Beats on Revenues; Offers 2Q & FY18 Guidance

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Go back to Teladoc (TDOC) Tops Q1 EPS by 4c, Beats on Revenues; Offers 2Q & FY18 Guidance

Teladoc (TDOC) PT Raised to $55 at Cowen

May 2, 2018 3:47 PM EDT

Cowen raised its price target on Teladoc (NYSE: TDOC) to $55.00 (from $43.00) while maintaining a Outperform rating.

Analyst Charles Rhyee commented, "TDOC reported 1Q18 earnings slightly ahead of consensus, including revenues of $89.6M (up 109% y/y) vs consensus of $86.8M and adj. EBITDA of... More