D.A. Davidson analyst Robert Simmons, CFA maintained a Buy rating on Teladoc (TDOC – Research Report) today and set a price target of $22.00. The company’s shares closed yesterday at $18.12.
According to TipRanks, Simmons, CFA is an analyst with an average return of -5.0% and a 34.62% success rate. Simmons, CFA covers the Technology sector, focusing on stocks such as Workday, Smartsheet, and Asana.
In addition to D.A. Davidson, Teladoc also received a Buy from RBC Capital’s Sean Dodge in a report issued yesterday. However, today, Evercore ISI maintained a Hold rating on Teladoc (NYSE: TDOC).
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TDOC market cap is currently $2.99B and has a P/E ratio of -0.73.
Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of TDOC in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Teladoc (TDOC) Company Description:
Teladoc Health, Inc. is a multinational telemedicine and virtual healthcare company. The company provides telehealth solutions, expert medical services, medical opinions, artificial intelligence and analytics, behavioral health solutions, guidance and support, and platform and program services.
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