Goldman Sachs Downgrades Walgreens Boosts Alliance (WBA) to Sell
Tweet
Share
E-mail
Get Alerts WBA Hot Sheet
Price: $34.15 --0%
Rating Summary:
9 Buy, 22 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 20
Rating Summary:
9 Buy, 22 Hold, 3 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 16 | Down: 7 | New: 20
Join SI Premium – FREE
News and research before you hear about it on CNBC and others. Claim your 1-week free trial to StreetInsider Premium here.
Goldman Sachs analyst Robert Jones downgraded Walgreens Boosts Alliance (NASDAQ: WBA) from Neutral to Sell with a price target of $68.00 (from $73.00).
The analyst believes recent partnerships are not enough to offset pressure on the core business. He notes that US retail fundamentals have deteriorated and the company's leverage is "somewhat elevated."
For an analyst ratings summary and ratings history on Walgreens Boosts Alliance click here. For more ratings news on Walgreens Boosts Alliance click here.
Shares of Walgreens Boosts Alliance closed at $82.32 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Evercore ISI Upgrades Juniper Networks (JNPR) to Outperform
- Coupang Inc (CPNG) PT Lowered to $26 at Goldman Sachs; remains on Conviction Buy List
- Evercore ISI Upgrades Walmart (WMT) to Outperform
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT Change, Downgrades, Hot DowngradesRelated Entities
Goldman SachsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
