TD Cowen Maintains Buy on Walgreens Boots Alliance, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Charles Ryhee maintains a Buy rating on Walgreens Boots Alliance (NASDAQ:WBA) but lowers the price target from $35 to $22.

July 01, 2024 | 4:44 pm
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TD Cowen analyst Charles Ryhee maintains a Buy rating on Walgreens Boots Alliance but lowers the price target from $35 to $22.
The Buy rating suggests continued confidence in Walgreens Boots Alliance's long-term prospects. However, the significant reduction in the price target from $35 to $22 indicates concerns about short-term performance or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100