Macquarie Upgrades Walgreen (WAG) to Outperform

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Citi Upgrades Walgreen (WAG) from Sell to Buy

March 20, 2013 8:00 AM EDT

Citi upgraded Walgreen (NYSE: WAG) from Sell to Buy.

For an analyst ratings summary and ratings history on Walgreen click here. For more ratings news on Walgreen click here.

Shares of Walgreen closed at $44.74 yesterday, with a 52 week range of $28.53-$45.80.... More

JPMorgan Upgrades Walgreen (WAG) to Overweight

March 20, 2013 7:02 AM EDT

JPMorgan upgraded Walgreen (NYSE: WAG) from Neutral to Overweight with a price target of $55.00 (from $41.00).

For an analyst ratings summary and ratings history on Walgreen click here. For more ratings news on Walgreen click here.

Shares of Walgreen closed at $44.74 yesterday, with a 52 week range of $28.53-$45.80.... More

UPDATE: Walgreen Company (WAG) Tops Q2 EPS by 2c; Front-End Comps Down 2.6%

March 19, 2013 6:36 AM EDT

(Updated - March 19, 2013 8:21 AM EDT)

Walgreen Company (NYSE: WAG) reported Q2 EPS of $0.96, $0.02 better than the analyst estimate of $0.94. Revenue for the quarter came in at $18.65 billion versus the consensus estimate of $18.72 billion.

Front-end comparable store sales (those open at least a year) decreased 2.6 percent in the second quarter, customer traffic in comparable stores... More

Walgreen (WAG), Alliance Boots Enter Long-Term Agreement w/ AmerisourceBergen (ABC)

March 19, 2013 6:32 AM EDT

Walgreen Company (NYSE: WAG) and Alliance Boots GmbH have entered into an innovative long-term partnership with AmerisourceBergen (NYSE: ABC).

This relationship will enable Walgreens, Alliance Boots and AmerisourceBergen to benefit from greater scale and global opportunities and work together on programs to improve service levels and efficiencies, while reducing costs and increasing patient access to pharmaceuticals. Together these three companies will help address global health care challenges by making it easier for manufacturers to bring products to market; increasing accessibility to the benefits of global sourcing and best... More