B of A Securities Maintains Underperform on Walgreens Boots Alliance, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained its Underperform rating on Walgreens Boots Alliance (WBA) and reduced its price target from $23 to $22.
March 26, 2024 | 11:50 am
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B of A Securities has reaffirmed its Underperform rating on Walgreens Boots Alliance and lowered its price target from $23 to $22.
The reduction in price target by B of A Securities suggests a bearish outlook on Walgreens Boots Alliance's stock. This adjustment reflects the analyst's expectation of a potential decrease in the stock's value, which could influence investor sentiment and lead to a short-term decline in the stock price.
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IMPORTANCE 80
RELEVANCE 100