Where Walgreens Boots Alliance Stands With Analysts
Portfolio Pulse from Benzinga Insights
Walgreens Boots Alliance (NASDAQ:WBA) has received mixed analyst ratings in the last quarter, with 9 indifferent, 1 somewhat bullish, and 1 somewhat bearish. The average price target is $33.91, implying an upside from the current price of $29.22. However, this average has decreased by 16.62% from the previous average price target of $40.67.
July 14, 2023 | 7:00 pm
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Mixed analyst ratings and a decreased price target could lead to uncertainty among investors, potentially impacting Walgreens Boots Alliance's stock price.
The mixed analyst ratings indicate a lack of consensus about the company's prospects, which could lead to uncertainty among investors. Additionally, the decrease in the average price target suggests that analysts have become less optimistic about the company's future performance, which could negatively impact the stock price.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100