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Friday, June 21, 2019

TDOC ‘very close’ to UnitedHealth deal – Piper

Piper Jaffray’s Sean Wieland praises Teledoc (NYSE:TDOC) after meeting with CEO Jason Gorevic.
Wieland praises the Y/Y bookings growth “across all products and channels.”
The analyst says the CFO search is over, and a UnitedHealth deal is “very close” with announcements expected soon on both matters.
Piper reiterates an Overweight rating and $86 price target.
TDOC shares are up 0.4% to $63.04.
Teledoc has a Buy average Sell Side rating.

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