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Why Teladoc Health Flew 9% Higher on Friday

Eric Volkman, The Motley Fool
·2-min read
Why Teladoc Health Flew 9% Higher on Friday

A surging stock market helped push shares of Teladoc Health (NYSE: TDOC) higher by more than 9% on Friday. The raiser was Piper Sandler prognosticator Jessica Tassan, who now thinks the shares are worth $42, a bump from her previous estimation of $41. According to analyst-recommendation tracking website TheFly.com, Tassan made the adjustment on the basis of conversations with Teladoc officials and an analysis of the direct-to-consumer healthcare market, among other factors.

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