B of A Securities Maintains Underperform on Walgreens Boots Alliance, Lowers Price Target to $7.5
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Allen Lutz maintains an Underperform rating on Walgreens Boots Alliance (NASDAQ:WBA) and lowers the price target from $11 to $7.5.
September 04, 2024 | 1:23 pm
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NEGATIVE IMPACT
B of A Securities has maintained an Underperform rating on Walgreens Boots Alliance and significantly lowered the price target from $11 to $7.5, indicating a negative outlook.
The Underperform rating and significant reduction in price target from $11 to $7.5 by B of A Securities suggest a negative outlook for Walgreens Boots Alliance, likely leading to a short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100