Credit Suisse analyst Erin Wilson Wright lowered the price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $95.00 (from $97.00) while maintaining a Outperform rating following Q1 results.

The analyst notes while the company reaffirmed 2019 constant-currency EPS growth of +7-12%, they are lowering FY19 EPS to $6.54 (from $6.57) to reflect the beat offset by incremental FX headwinds (-$0.03) and a tempered underlying profit trajectory for the balance of the year.