Deutsche Bank Upgrades Walgreens Boosts Alliance (WBA) to Buy

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Walgreens Boots Alliance (WBA) meeting gives Deutsche Bank 'increased faith'

November 11, 2022 11:06 AM EST

Walgreens Boots Alliance (NASDAQ: WBA) shares are up over 4% Friday after Deutsche Bank analyst George Hill upgraded the stock to Buy from Hold, raising the firm's price target on the stock to $50 from $41.

In a note to clients, Hill explained that they recently hosted a meeting with senior management at Walgreens, where "investors' focus was... More