Walgreen Boots Alliance (WBA) Tops Q2 EPS by 23c

Go back to Walgreen Boots Alliance (WBA) Tops Q2 EPS by 23c

Rite Aid (RAD) Bounces Off Lows

April 10, 2015 11:53 AM EDT

Rite Aid (NYSE: RAD) shares bounced off lows near $8.10 late on Friday morning. The stock was pressured the last two sessions following its Q4 results and due to M&A-related comments made during Walgreen Boots Alliance's (NASDAQ:... More

Deutsche Bank Comments Following Walgreens Boosts (WBA) Q2 Results (ESRX)

April 10, 2015 7:21 AM EDT

Deutsche Bank maintained a Buy rating on Walgreens Boosts Alliance (NASDAQ: WBA) with a price target of $89. Comments follow Q2 results. Analyst George Hill pointed out guidance was in line with the Street. He also touched on rumors it could acquire Express Scripts (NASDAQ: ESRX).

"Walgreens reported F2Q15 results that exceeded expected EPS expectations... More

Evercore ISI Discusses Walgreens Boosts Alliance (WBA) M&A and JVs

April 9, 2015 4:02 PM EDT

Speculation has been hot in the PBM/Pharmacy space today following Walgreens Boosts Alliance (NASDAQ: WBA) earnings conference call. Evercore ISI analyst Ross Muken offer his thoughts on the situation in a note to clients this afternoon.

Read-through to ESRX (Nasdaq: ESRX): The market clearly interpreted today's commentary on the CC as an open invitation for talks with key peer ESRX. While we believe some sort of relationship has a ton of merit... More

Walgreens (WBA) Likely to Pursue Acquisition or JV Near-Term, Leerink Says (RAD) (ABC) (ESRX)

April 9, 2015 11:54 AM EDT

Leerink Partners analyst David Larsen weighed in on Walgreens Boosts Alliance (NASDAQ: WBA) after today's earnings. The analyst notes management is aggressively pursuing new U.S. retail synergies and M&A is on the horizon. The firm maintained an Outperform rating and price target of $85.00

Larsen commented, "During the call management indicated that... More