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Friday, 06/14/2019 1:35:47 PM

Friday, June 14, 2019 1:35:47 PM

Post# of 59309
We're doing the same thing. Wonder if Lutz knows.

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Bank of America Merrill Lynch analyst Allen Lutz is jazzed on telemedicine, initiating his coverage of industry leader Teladoc Health with a Buy rating and a $65 price target, a 12% upside potential from where the stock closed on Wednesday.

In his note, Lutz highlighted the company’s online therapy brand, BetterHelp, as a potential “crown jewel.”

“Teladoc is well positioned to shift a portion of the 1.25 [billion] annual doctor visits to its platform, in our view,” Lutz wrote. “The company is also aggressively pursuing a role in both the behavioral health and expert opinion markets, opportunities the company has sized at $12 [billion] and $28 [billion], respectively.”
https://www.barrons.com/articles/teladoc-stock-betterhealth-online-therapy-brand-buy-rating-51560433939


JMO - Do your own DD.

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