Walgreens Boots Alliance shares are trading lower after TD Cowen cut its price target on the stock from $16 to $14.
Portfolio Pulse from Benzinga Newsdesk
Walgreens Boots Alliance shares are experiencing a decline following TD Cowen's decision to lower its price target from $16 to $14.
October 22, 2024 | 3:37 pm
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NEGATIVE IMPACT
Walgreens Boots Alliance shares are trading lower after TD Cowen reduced its price target from $16 to $14, indicating a negative outlook.
The reduction in the price target by TD Cowen suggests a bearish sentiment towards Walgreens Boots Alliance, likely leading to a short-term decline in stock price as investors react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100