BofA lowered the firm’s price target on Teladoc (TDOC) to $8 from $9 and keeps a Neutral rating on the shares. October BetterHelp MAUs are tracking above the Q3 average, but the firm remains cautious on near-term trends given it is early in Q4 and management’s commentary that weaker consumer sentiment and macro uncertainties were consistent through Q3, the analyst tells investors.
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