Why Teladoc Stock Popped by Nearly 12% on Tuesday [Yahoo! Finance]
Teladoc Health, Inc. (TDOC)
Last teladoc health, inc. earnings: 4/29 04:05 pm
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ir.teladoc.com/investors/default.aspx
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Source: Yahoo! Finance
Absent of any other stock-moving news, a 25% increase in an analyst's price target for Teladoc (NYSE: TDOC) got the stock moving northward on Tuesday. It ended up closing the day almost 12% higher on the move, for a much better performance than the essentially flat trajectory of the bellwether S&P 500 index. 25% more bullish News of the increase hit the headlines shortly before the market open. Jefferies prognosticator Glen Santangelo now feels Teladoc is worth $10 per share, up from his previous estimation of $8. In making the change, Santangelo maintained his buy recommendation, as the new target is nearly 10% higher than the stock's latest closing price. In the research note detailing the modification, the analyst waxed bullish about a dramatic change in the performance of Teladoc's BetterHelp brand. He wrote that its web traffic for the BetterHelp site saw year-over-year growth in July and August, following 12 months of declining numbers. This should help the unit do much
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News
- Q2 Earnings Highs And Lows: Teladoc (NYSE:TDOC) Vs The Rest Of The Online Marketplace Stocks [Yahoo! Finance]Yahoo! Finance
- Digital Therapeutics Market Size to Accumulate Around USD 50.2 Billion by 2032, Driven by Rising Demand for Cost-Effective Healthcare and Smartphone Penetration [Yahoo! Finance]Yahoo! Finance
- Teladoc Stock Rises 12% as Jefferies Boosts Price Target on BetterHelp [Yahoo! Finance]Yahoo! Finance
- Teladoc stock surges after Jefferies raises price target [Yahoo! Finance]Yahoo! Finance
- Teladoc stock surges after Jefferies raises price target [Yahoo! Finance Canada]Yahoo! Finance Canada
TDOC
Earnings
- 7/31/24 - Miss
TDOC
Sec Filings
- 9/16/24 - Form 144
- 9/13/24 - Form 4
- 9/11/24 - Form 3
- TDOC's page on the SEC website