Truist Securities Maintains Hold on Walgreens Boots Alliance, Lowers Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Walgreens Boots Alliance (WBA) but lowered its price target from $13 to $10, indicating a cautious outlook on the stock.
October 07, 2024 | 12:35 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Truist Securities has maintained a Hold rating on Walgreens Boots Alliance but lowered its price target from $13 to $10, suggesting a more cautious outlook on the stock.
The lowering of the price target from $13 to $10 by Truist Securities indicates a negative sentiment towards Walgreens Boots Alliance's short-term performance. This could lead to a decrease in investor confidence and a potential drop in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100