Teladoc Crashes on Very Light Guidance, Prompts Two Downgrades

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Teladoc (TDOC) PT Lowered to $40 at JPMorgan, 'We expect the stock to be a show-me story in the near term'

July 28, 2022 12:26 PM EDT

JPMorgan analyst Lisa Gill lowered the price target on Teladoc (NYSE: TDOC) to $40.00 (from $53.00) while maintaining a Neutral rating.

The analyst comments "We highlight a significant market opportunity for telehealth services, which helps to solve two key issues affecting the... More

Teladoc (TDOC) PT Lowered to $45 at Canaccord Genuity

July 28, 2022 7:40 AM EDT

Canaccord Genuity analyst Richard Close lowered the price target on Teladoc (NYSE: TDOC) to $45.00 (from $50.00) while maintaining a Buy rating.... More

UPDATE: Needham & Company Downgrades Teladoc (TDOC) to Hold

July 28, 2022 7:28 AM EDT

(Updated - July 28, 2022 7:28 AM EDT)

Needham & Company analyst Ryan MacDonald downgraded Teladoc (NYSE: TDOC) from Buy to Hold.

The analyst comments "We are downgrading TDOC to Hold following the company's revised FY22 outlook, which now assumes the low end of their reiterated... More

UPDATE: Goldman Sachs Downgrades Teladoc (TDOC) to Neutral

July 28, 2022 7:02 AM EDT

(Updated - July 28, 2022 7:02 AM EDT)

Goldman Sachs analyst Cindy Motz downgraded Teladoc (NYSE: TDOC) from Buy to Neutral with a price target of $36.00 (from $55.00).

The analyst comments "We downgrade our rating to Neutral from Buy and lower our 12-month price target to $36 from $55. While TDOC posted solid results that were ahead of expectations for 2Q22, their guidance for the 3Q22 in terms of adjusted EBITDA was considerably below... More

Teladoc (TDOC) PT Lowered to $53 at RBC Capital

July 28, 2022 6:26 AM EDT

RBC Capital analyst Sean Dodge lowered the price target on Teladoc (NYSE: TDOC) to $53.00 (from $65.00) while maintaining a Outperform rating.... More

Teladoc (TDOC) PT Lowered to $40 at Piper Sandler

July 28, 2022 6:17 AM EDT

Piper Sandler analyst Jessica Tassan lowered the price target on Teladoc (NYSE: TDOC) to $40.00 (from $42.00) while maintaining a Overweight rating.... More

Teladoc (TDOC) PT Lowered to $28 at Evercore ISI

July 28, 2022 5:14 AM EDT

Evercore ISI analyst Elizabeth Anderson lowered the price target on Teladoc (NYSE: TDOC) to $28.00 (from $32.00) while maintaining a In Line rating.... More

Teladoc (TDOC) PT Lowered to $30 at Stifel

July 28, 2022 4:14 AM EDT

Stifel analyst David Grossman lowered the price target on Teladoc (NYSE: TDOC) to $30.00 (from $36.00) while maintaining a Hold rating.... More