TD Cowen Maintains Buy on Walgreens Boots Alliance, Lowers Price Target to $16
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 $22 to $16.
September 12, 2024 | 2:13 pm
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TD Cowen analyst Charles Ryhee maintains a Buy rating on Walgreens Boots Alliance but lowers the price target from $22 to $16, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in WBA's potential, but the lowered price target reflects a more cautious outlook on its short-term performance. This mixed signal may result in neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100