What happened Teladoc Health (NYSE: TDOC), to many investors the top stock in the mushrooming telehealth segment, looked a bit sickly on Tuesday. As of late afternoon, the shares were down by more than 5%, in contrast to the slight rise of the S&P 500 index. The latest in a series of analyst price target cuts was the primary reason for the slide. So what Following similar adjustments from several of his peers in the stock forecasting realm, Canaccord Genuity analyst Richard Close has chopped his price target for Teladoc. He now believes the shares are worth $160 apiece, down some distance from his previous level of $188. Image source: Getty Images. Nevertheless, Close is sticking with his buy rating on the healthcare stock. After all, even that notably reduced price target is almost 55% above the current level of the shares. Close's downward adjustment follows similar moves in recent days from prognosticators at such notable companies as Citigroup, Wells Fargo, and Credit Suisse. In one instance, the stock's recommendation was downgraded from buy to neutral (by BTIG's David Larsen). All come in the wake of Teladoc's investor day, in which the company provided guidance that was actually quite encouraging -- except for its 2021 revenue forecast, which came in under analyst projections. Now what Enthusiasm for Teladoc, which enjoyed soaring popularity earlier in the coronavirus pandemic, has cooled down significantly since the stock's peak earlier this year. But the market's reaction to the investor day presentation and the subsequent price/recommendation cuts is a bit puzzling. Teladoc still has enormous potential, with anticipated top-line growth of at least 55% between 2022 and 2024, and it remains a high-profile bellwether stock in the telehealth segment. It's revealing that in that series of price target cuts, nearly all analysts maintained their buy recommendations on Teladoc. 10 stocks we like better than Teladoc HealthWhen our award-winning analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Teladoc Health wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 10, 2021 Wells Fargo is an advertising partner of The Ascent, a Motley Fool company. Citigroup is an advertising partner of The Ascent, a Motley Fool company. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool owns shares of and recommends Teladoc Health. The Motley Fool has a disclosure policy.Source