Credit Suisse Upgrades Rite Aid (RAD), Downgrades Walgreen (WAG)
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Price: $0.65 --0%
Rating Summary:
5 Buy, 7 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 7 Hold, 4 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Credit Suisse's Ed Kelly issued a call on the Drugstore sector Wednesday morning, upgrading shares of Rite Aid (NYSE: RAD) while at the same time downgrading shares of Walgreen (NYSE: WAG).
The analyst now rates Rite Aid an Outperform, up from Neutral previously, and shares of Walgreen a Neutral, down from Outperform previously.
In pre-market action, shares of Rite Aid are up 0.9 percent to $1.14. Shares of Walgreen last traded at $33.19, up 0.7 percent from Tuesday's closing price.
Check out our Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
The analyst now rates Rite Aid an Outperform, up from Neutral previously, and shares of Walgreen a Neutral, down from Outperform previously.
In pre-market action, shares of Rite Aid are up 0.9 percent to $1.14. Shares of Walgreen last traded at $33.19, up 0.7 percent from Tuesday's closing price.
Check out our Ratings Insider portal to get the most comprehensive and up-to-date analyst coverage on the Street.
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