WBA - Walgreens' price target cut in half at BofA on narrow margins in pharmacy space
2024-06-28 08:59:52 ET
Walgreen’s Boots Alliance ( NASDAQ: WBA ) shares are set to open lower for a fifth consecutive day as the company’s decision to close a “substantial” number of U.S. stores continues to weigh on the stock. The company was subsequently hit with a wave of price target adjustments, the latest from BofA Securities, which cut their price target in half and maintained an Underperform rating....
Walgreens' price target cut in half at BofA on narrow margins in pharmacy space