- Stephens drops its rating on Teladoc Health (NYSE:TDOC) to Equal Weight after having it slotted at Overweight on concerns over competition and valuation.
- "While we are not forecasting a deceleration in fundamentals for the telehealth industry, we see the TDOC story as now more of a show me story, particularly towards their long-term synergy targets," warns the firm.
- https://seekingalpha.com/news/3642061-teladoc-health-falls-2-after-stephens-calls-show-me-story
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