Barclays Maintains Underweight on Walgreens Boots Alliance, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Steve Valiquette maintains an Underweight rating on Walgreens Boots Alliance (NASDAQ:WBA) and lowers the price target from $21 to $19.
June 24, 2024 | 4:53 pm
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Barclays analyst Steve Valiquette maintains an Underweight rating on Walgreens Boots Alliance and lowers the price target from $21 to $19.
The lowered price target and maintained Underweight rating by Barclays suggest a negative outlook on Walgreens Boots Alliance's stock performance. This is likely to result in a short-term decline in WBA's stock price as investors react to the bearish sentiment.
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