Walgreen (WAG) Misses Q3 EPS by 3c; Updates on Alliance Boots Deal

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Go back to Walgreen (WAG) Misses Q3 EPS by 3c; Updates on Alliance Boots Deal

Walgreen (WAG) Price Target Lowered to $84 at Goldman Sachs

June 25, 2014 7:43 AM EDT

Goldman Sachs maintained a Conviction Buy on Walgreen (NYSE: WAG) and lowered its price target to $84.00 (from $87.00). The change follows Q3 results. FY14 through FY16 EPS estimates were lowered to $3.38/$4.00/$4.68 from $3.52/$4.25/$4.90.

Analyst Robert P. Jones said, "On June 24, WAG shares underperformed the market by 1% as an operationally disappointing quarter and the withdrawal of FY16... More

CVS Caremark (CVS) Underperforms Walgreen (WAG)

June 24, 2014 9:42 AM EDT

CVS Caremark (NYSE: CVS) is seeing weakness on the back of earnings results from rival Walgreen Company (NYSE: WAG). Shares of CVS, down 1.8%, are actually underperforming Walgreen, which is down 1.7%.

... More