Walgreen (WAG) May Comps Outpace Expectations

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Walgreen (WAG) CL-Buy Reiterated at Goldman Sachs

June 4, 2014 1:44 PM EDT

Goldman Sachs maintained a Conviction Buy on Walgreen (NYSE: WAG) with a modified price target of $81.00 (from $80.00). The change follows May SSS data.

"WAG reported total May SSS of 4.4%, a 50/30 bps beat vs. GS/Street, driven by strong script growth and FE SSS,... More