Jefferies analyst Sean Dodge raised his price target for Teladoc (TDOC) to $74 saying he’ “increasingly bullish” following meetings with management. The company’s new “Surround Sound” member engagement strategy continues to drive utilization improvements, Dodge tells investors in a research note. Further, the analyst sees potential upside from Teladoc’s relationship with UnitedHealth (UNH), which he believes it “set to blossom.” Dodge keeps a Buy rating on Teladoc shares.
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