BMO Capital analyst Sean Dodge initiated coverage of Teladoc (TDOC) with a Market Perform rating and $8 price target Teladoc remains the leading telehealth and virtual mental health provider, though growth has slowed since the pandemic, the analyst tells investors in a research note. Management’s efforts to revive revenue show early promise, and greater adoption of BetterHelp through insurance, stabilization of U.S. cash-pay users, and sustained international momentum could strengthen the outlook, the firm says.
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