Jefferies Maintains Hold on Walgreens Boots Alliance, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Brian Tanquilut maintains a Hold rating on Walgreens Boots Alliance (NASDAQ:WBA) but lowers the price target from $19 to $9.
October 23, 2024 | 6:17 pm
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Jefferies analyst Brian Tanquilut has maintained a Hold rating on Walgreens Boots Alliance but significantly lowered the price target from $19 to $9, indicating a bearish outlook.
The significant reduction in the price target from $19 to $9 by Jefferies suggests a bearish outlook on Walgreens Boots Alliance. This could lead to negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100