BUZZ-Street View: Mental health unit to weigh on Teladoc

Reuters
27 Feb
BUZZ-Street View: Mental health unit to weigh on Teladoc

** Telehealth company Teladoc Health TDOC.N late on Wednesday reported a wider loss and a disappointing forecast amid challenges at its mental health division BetterHelp

** Shares fell 13.38% to $9.51 in premarket trading

'2025 IMPORTANT FOR TURNAROUND'

** Leerink Partners ("Market Perform", PT: $10) says the biggest concern from the results is the lack of cost leverage expected for 2025, says this is an underlying challenge for BetterHelp in the direct-to-consumer market

** Jefferies ("Hold", PT: $10) says BetterHelp is expected to remain under pressure in 2025

** TD Cowen ("Hold", PT: $8)says expectations for BetterHelp were low, believes a path to turnaround the segment remains unclear

** J.P.Morgan ("Neutral")expects TDOC will remain an execution story in the eyes of investors, says 2025 is important for its turnaround

(Reporting by Sriparna Roy in Bengaluru)

((Sriparna.Roy@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10