Barclays Maintains Underweight on Walgreens Boots Alliance, Lowers Price Target to $7
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 $11 to $7.
July 23, 2024 | 12:19 pm
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Barclays analyst Steve Valiquette has maintained an Underweight rating on Walgreens Boots Alliance and lowered the price target from $11 to $7, indicating a bearish outlook.
The lowered price target from $11 to $7 by Barclays suggests a negative outlook for Walgreens Boots Alliance, which is likely to put downward pressure on the stock price in the short term.
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