RBC Capital Maintains Sector Perform on Walgreens Boots Alliance, Lowers Price Target to $13
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Ben Hendrix maintains a Sector Perform rating on Walgreens Boots Alliance (NASDAQ:WBA) but lowers the price target from $22 to $13.
July 02, 2024 | 1:22 pm
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RBC Capital has maintained its Sector Perform rating on Walgreens Boots Alliance but significantly lowered the price target from $22 to $13, indicating a more cautious outlook.
The significant reduction in the price target from $22 to $13 by RBC Capital suggests a more cautious outlook on Walgreens Boots Alliance's future performance. This is likely to negatively impact investor sentiment and the stock price in the short term.
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