Walgreens (WAG) Tops Q1 EPS by 6c; Comps Rose 5.7%

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Walgreen (WAG) Price Target Raised to $82 at Deutsche Bank

December 23, 2014 1:21 PM EST

Deutsche Bank maintained a Buy rating on Walgreen (NYSE: WAG) and raised its price target to $82.00 (from $69.00). The change follows Q1 results.

Analyst George Hill said, "While gross margins came in weaker than expected on continued pharmacy reimbursement pressure, SG&A costs were below our expectation and a lower tax... More