A TeleHealth Stock Wall Street Loves

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AMWL’s total active providers increased 950% year-over-year to 72,000 in the fiscal year ended December 31, 2020. Its total visits rose 400% from the year-ago value to 5.90 million.

Ahead of a potential fourth COVID-19 infection spike, Wall Street analysts have upgraded their price targets on the stock. However, with inadequate cash flows and operating profits, AMWL may not be able to maintain its momentum.

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