TD Cowen Maintains Outperform on Walgreens Boots Alliance, Lowers Price Target to $41
Portfolio Pulse from richadhand@benzinga.com
TD Cowen analyst Charles Ryhee maintains an Outperform rating on Walgreens Boots Alliance (NASDAQ:WBA) but lowers the price target from $52 to $41.
June 29, 2023 | 2:18 pm
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TD Cowen maintains an Outperform rating on Walgreens Boots Alliance but lowers the price target from $52 to $41.
The news is directly about Walgreens Boots Alliance. The Outperform rating suggests that the analyst expects the stock to do better than the market average. However, the lowering of the price target could indicate a reduced growth expectation, which might have a neutral impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100