Stock Rating Upgrade
Of late the Value Trend Rating for Teladoc Health Inc (NYSE: TDOC) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 5/1/24, Teladoc Health Inc (NYSE: TDOC) stock rose modestly by 0.5%, closing at $12.81. This advance was accompanied by normal trading volume. Relative to the market the stock has been extremely weak over the last nine months and has declined -6.8% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, TDOC is expected to be a modest Value Builder.
Teladoc Health has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Teladoc Health has a neutral Appreciation Score of 59 and a slightly negative Power Rating of 30, with the Low Neutral Value Trend Rating the result.
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