Truist lowered the firm’s price target on Teladoc (TDOC) to $9 from $10 and keeps a Hold rating on the shares. The firm is updating its model after the company’s Q1 results with expectations of slightly lower 2026 EBITDA, the analyst tells investors in a research note. Longer term, Truist notes that with about 90M U.S. members having access to its offerings, Teladoc has the scale and depth to take advantage of various growth opportunities across the healthcare continuum.
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