Today’s Market Runner: Could Teladoc Inc Rise Even More? The Stock Had Another Big Increase Today

Today's Market Runner: Could Teladoc Inc Rise Even More? The Stock Had Another Big Increase Today

The stock of Teladoc Inc (NYSE:TDOC) is a huge mover today! About 192,214 shares traded hands. Teladoc Inc (NYSE:TDOC) has risen 55.97% since April 5, 2016 and is uptrending. It has outperformed by 54.02% the S&P500.
The move comes after 8 months positive chart setup for the $787.58 million company. It was reported on Nov, 7 by Barchart.com. We have $27.97 PT which if reached, will make NYSE:TDOC worth $519.80M more.

Teladoc Inc (NYSE:TDOC) Ratings Coverage

Out of 9 analysts covering Teladoc Inc (NYSE:TDOC), 8 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 89% are positive. Teladoc Inc has been the topic of 21 analyst reports since July 27, 2015 according to StockzIntelligence Inc. The firm earned “Buy” rating on Tuesday, January 12 by Deutsche Bank. SunTrust maintained it with “Buy” rating and $21 target price in Monday, March 7 report. The stock of Teladoc Inc (NYSE:TDOC) earned “Hold” rating by Stifel Nicolaus on Wednesday, January 6. The rating was maintained by Deutsche Bank with “Buy” on Wednesday, September 9. On Friday, August 21 the stock rating was initiated by FBR Capital with “Outperform”. The company was maintained on Monday, October 5 by Leerink Swann. The stock of Teladoc Inc (NYSE:TDOC) has “Outperform” rating given on Monday, July 27 by William Blair. SunTrust initiated Teladoc Inc (NYSE:TDOC) rating on Monday, July 27. SunTrust has “Buy” rating and $37 price target. The firm earned “Buy” rating on Monday, July 27 by Deutsche Bank. The rating was maintained by Deutsche Bank with “Buy” on Friday, October 2.

According to Zacks Investment Research, “Teladoc, Inc. is a telehealth company. The company offers telehealth services via mobile devices, internet, video and phone to clients primarily in the United States. Its solution connects consumers with physicians and behavioral health professionals to treat upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation. Teladoc, Inc. is based in Dallas, Texas.”

More important recent Teladoc Inc (NYSE:TDOC) news were published by: Marketwatch.com which released: “Virtual Stock Exchange” on June 04, 2015, also Wsj.com published article titled: “Why Teladoc Needs Medical Attention”, Quotes.Wsj.com published: “Teladoc Inc. TDOC (US: NYSE)” on June 18, 2015. More interesting news about Teladoc Inc (NYSE:TDOC) was released by: Reuters.com and their article: “BRIEF-Teladoc inc says Shedlarz will serve on Teladoc’s audit and Compensa…” with publication date: September 22, 2016.

TDOC Company Profile

Teladoc, Inc., together with its subsidiaries, incorporated on October 16, 2008, is a telehealth company. The Firm offers telehealth platform, delivering on-demand healthcare anytime, anywhere, through mobile devices, the Internet, video and phone. The Firm operates through health services segment. The Company’s solution connects its Members, with its over 3,000 board certified physicians and behavioral health professionals who treat a range of conditions and cases from acute diagnoses, such as upper respiratory infection, urinary tract infection and sinusitis to dermatological conditions, anxiety and smoking cessation. It serves over 6,000 employers, health plans, health systems and other entities. These Clients collectively purchase access to its solution for approximately 10 million Members. It has over 30 health plans as Clients.

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