Cowen Upgrades Walgreens Boosts Alliance (WBA) to Outperform

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Potential Walgreens (WBA) Takeover of Rite Aid (RAD) Would Be Highly Accretive - Cowen

September 9, 2015 10:13 AM EDT

Rite Aid (NYSE: RAD) is modestly higher in early trade Wednesday (+1.3%), with traders pointing to this morning's Cowen upgrade report on Walgreens Boots Alliance (NASDAQ: WBA), where a possible acquisition was discussed.

In the note, Cowen's Charles... More