Check Out What Whales Are Doing With WBA
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Walgreens Boots Alliance (NASDAQ:WBA), with 62% of big-money traders being bullish and 37% bearish. Whales have been targeting a price range of $27.5 to $32.5 for WBA over the last 3 months. Morgan Stanley downgraded WBA to Underweight with a price target of $37, while Mizuho maintained a Neutral rating with a price target of $35.
June 26, 2023 | 3:46 pm
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POSITIVE IMPACT
A large investor has taken a bullish stance on Walgreens Boots Alliance, with 62% of big-money traders being bullish and 37% bearish. Whales have been targeting a price range of $27.5 to $32.5 for WBA over the last 3 months.
The bullish stance taken by a large investor, along with the majority of big-money traders being bullish, indicates a positive short-term impact on WBA's stock price. The targeted price range of $27.5 to $32.5 over the last 3 months also supports this outlook.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100