Walgreens Boots Alliance (WBA) Tops Q2 EPS by 19c, Raises EPS Guidance

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Walgreens Boosts Alliance (WBA) PT Lowered to $80 at Guggenheim; 'Trading Share for Margin to Gain Momentum With RAD Transaction'

March 29, 2018 7:31 AM EDT

Guggenheim lowered its price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $80.00 (from $90.00) while maintaining a Buy rating.

Analyst John Heinbockel commented, "WBA continues to manage through a challenging operating environment by (1) driving Rx share at the expense of margin via... More