Walgreens Boots Alliance (WBA) June weekly at the money puts active into quarter results and outlook

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Go back to Walgreens Boots Alliance (WBA) June weekly at the money puts active into quarter results and outlook

RBC Capital on Walgreens (WBA): 'ongoing consumer weakness and pressure on pharmacy margin'

June 27, 2024 8:28 AM EDT

RBC Capital analyst Anton Hie reiterated a Sector Perform rating and $22.00 price target on Walgreens Boosts Alliance (NASDAQ: WBA).

The analyst comments "WBA posted fiscal 3Q24 earnings slightly below expectations driven by ongoing consumer weakness and pressure on pharmacy margin, partially offset by another quarter of good International performance and positive EBITDA contribution from U.S. Healthcare. Management lowered its adjusted EPS guidance by $0.40 at the midpoint, or -12%... More