Barclays Maintains Underweight on Walgreens Boots Alliance, Lowers Price Target to $11
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 $15 to $11.
June 28, 2024 | 4:06 pm
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Barclays analyst Steve Valiquette maintains an Underweight rating on Walgreens Boots Alliance and lowers the price target from $15 to $11.
The lowered price target and maintained Underweight rating by Barclays suggest a negative outlook on Walgreens Boots Alliance's stock. This is likely to result in a short-term decline in the stock price as investors react to the bearish sentiment.
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IMPORTANCE 80
RELEVANCE 100