Walgreens' cost-cut plans aim to save more than $1 billion annually

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Go back to Walgreens' cost-cut plans aim to save more than $1 billion annually

JPMorgan Reiterates Neutral on Rite Aid (RAD) Following 3Q Report

December 21, 2018 7:25 AM EST

JPMorgan analyst, Lisa Gill, reiterated a Neutral rating on Rite-Aid (NYSE: RAD) following the company's 3Q earnings report. Adjusted EBITDA was $13M above forecasts, with upside driven mainly on the gross profit line. Adjusted EPS of +$0.01 compared to estimates of -$0.01.

In the retail... More

Walgreens Boosts Alliance (WBA) PT Lowered to $95 at Credit Suisse

December 21, 2018 7:03 AM EST

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... More