Why Teladoc Health Stock Is Jumping Today

Shares of Teladoc Health (NYSE: TDOC) were jumping 6.8% higher as of 11:18 a.m. EST on Thursday. The nice gain came after BTIG analyst David Larsen initiated coverage on the stock with a buy recommendation and a price target of $240.

Analysts aren't always right with their recommendations about stocks. However, it's always wise to understand the factors behind their optimism or pessimism.

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Source Fool.com