Morgan Stanley Maintains Underweight on Walgreens Boots Alliance, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley has maintained its Underweight rating on Walgreens Boots Alliance (NASDAQ:WBA) and lowered the price target from $16 to $13.
May 31, 2024 | 12:28 pm
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NEGATIVE IMPACT
Morgan Stanley has maintained its Underweight rating on Walgreens Boots Alliance and lowered the price target from $16 to $13.
The Underweight rating and lowered price target from a major financial institution like Morgan Stanley is likely to negatively impact investor sentiment and the stock price of Walgreens Boots Alliance in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100