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Teladoc Health Inc (TDOC) Stock: Do Analysts Think You Should Accumulate?

Friday, August 19, 2022 09:50 AM | InvestorsObserver Analysts
Teladoc Health Inc (TDOC) Stock: Do Analysts Think You Should Accumulate?

InvestorsObserver is giving Teladoc Health Inc (TDOC) an Analyst Rating Rank of 15, meaning TDOC is ranked higher by analysts than 15% of stocks. The average price target for TDOC is $47.59 and analyst’s rate the stock as a Buy.

Overall Score - 3.3
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?

You can learn a lot about a company from looking at it’s financial statements and comparing them to other companies. Analysts who cover an industry in depth can add even more to your research though. They typically follow a particular sector or industry very closely. They also pay attention to and ask questions on earnings conference calls and other events where they might learn information that does show up in the numbers. InvestorsObserver takes the average rating from these analysts, and then percentile ranks those averages. This lets you compare stocks in a much more granular way than just seeing the typical five-tiered rating system used on most of Wall Street.

What's Happening With Teladoc Health Inc Stock Today?

Teladoc Health Inc (TDOC) stock is trading at $33.28 as of 9:50 AM on Friday, Aug 19, a loss of -$1.77, or -5.05% from the previous closing price of $35.05. The stock has traded between $33.20 and $34.40 so far today. Volume today is light. So far 310,356 shares have traded compared to average volume of 5,482,223 shares. Click Here to get the full Stock Report for Teladoc Health Inc stock.

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