Barclays Maintains Underweight on Walgreens Boots Alliance, Raises Price Target to $8
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Steve Valiquette maintains an Underweight rating on Walgreens Boots Alliance (NASDAQ:WBA) and raises the price target from $7 to $8.
October 16, 2024 | 8:27 pm
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NEUTRAL IMPACT
Barclays analyst Steve Valiquette maintains an Underweight rating on Walgreens Boots Alliance, but raises the price target from $7 to $8.
The Underweight rating suggests a bearish outlook, but the raised price target indicates a slight improvement in expectations. This mixed signal is likely to result in a neutral short-term impact on WBA's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100