Form 4 Teladoc Health, Inc. For: Jul 18 Filed by: Trencher Daniel

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Go back to Form 4 Teladoc Health, Inc. For: Jul 18 Filed by: Trencher Daniel

Citi Not Shocked 1Life Healthcare Inc. (ONEM) Was Acquired, is Surprised Amazon (AMZN) Won, Expects Teladoc (TDOC) to Trade Lower

July 21, 2022 10:29 AM EDT

Citi analyst Ralph Giacobbe reiterated a Neutral rating and $14.00 price target on 1Life Healthcare Inc. (NASDAQ: ONEM).

The analyst comments "While we are not surprised that ONEM is being acquired, we are a bit surprised that AMZN has emerged as the winning bidder. The commercial strategy makes a lot of sense to usthe elegant blending of virtual and... More