Can Teladoc Stock Keep Going After Last Week's 24% Pop?
One of last week's biggest winners makes house calls. Teladoc (NYSE: TDOC) soared 24.1% last week, making it the second best performer on the New York Stock Exchange. Teladoc moved higher after hosting its inaugural investor and analyst day.
Monday's presentation allowed Teladoc to sell the market on the merits of telemedicine and its role as the top dog in telehealth, providing cheaper and more convenient solutions than traditional in-office offerings for many services. The stock moved higher on all four days of the abridged trading week.
Image source: Teladoc.
Source: Fool.com
Teladoc Health Inc Stock
€10.37
-0.580%
With 11 Buy predictions and only 1 Sell predictions the community sentiment for the stock is positive.
With a target price of 23 € there is potential for a 121.71% increase which would mean more than doubling the current price of 10.37 € for Teladoc Health Inc.
