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Analyst Rating: Will Teladoc Health Inc (TDOC) Stock Lead the Market?

Monday, December 04, 2023 02:09 PM | InvestorsObserver Analysts

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Analyst Rating: Will Teladoc Health Inc (TDOC) Stock Lead the Market?

Wall Street is positive on Teladoc Health Inc (TDOC). On average, analysts give Teladoc Health Inc a Buy rating. The average price target is $23.411, which means analysts expect the stock to rise by 23.74% over the next twelve months. That average ranking earns Teladoc Health Inc an Analyst Rating of 20, which is better than 20% of stocks based on data compiled by InvestorsObserver.

Overall Score - 3.5
Wall Street analysts are rating TDOC a Buy today. Find out what this means to you and get the rest of the rankings on TDOC!

Why are Analyst Ratings Important?

Fundamental research of the underlying health of a company can be an extremely useful resource when making investment decisions. Analysts observe growth prospects and forecasted earnings of companies to gain a comprehensive view of particular industries. This data allows traders to react before numbers are officially reported. InvestorsObserver takes the ratings from these analysts and percentile ranks those aveages. This allows you to compare stocks extensively and in more detail than the common buy/hold/sell ratings.

What's Happening With Teladoc Health Inc Stock Today?

Teladoc Health Inc (TDOC) stock is trading at $18.92 as of 2:04 PM on Monday, Dec 4, a decline of -$0.05, or -0.26% from the previous closing price of $18.97. Volume today is less active than usual. So far 2,655,355 shares have traded compared to average volume of 5,321,559 shares. The stock has traded between $18.61 and $19.17 so far today. Click Here to get the full Stock Report for Teladoc Health Inc stock.

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