Truist Securities Maintains Hold on Walgreens Boots Alliance, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst David Macdonald maintains a Hold rating on Walgreens Boots Alliance (NASDAQ:WBA) but lowers the price target from $20 to $13.
June 28, 2024 | 3:59 pm
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Truist Securities has maintained a Hold rating on Walgreens Boots Alliance but has significantly lowered the price target from $20 to $13.
The significant reduction in the price target from $20 to $13 by Truist Securities suggests a bearish outlook on Walgreens Boots Alliance. This is likely to negatively impact the stock price in the short term as investors react to the lowered expectations.
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IMPORTANCE 80
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