Comment on Will Walgreens Boots Alliance (WBA) Stock be Affected Today by Credit Suisse's Price Target Hike?

Will Walgreens Boots Alliance (WBA) Stock be Affected Today by Credit Suisse's Price Target Hike?

NEW YORK (TheStreet) -- Shares of Walgreens Boots Alliance are up 0.18% to $83.35 in early morning trading Friday despite' Credit Suisse's price target hike to $85 from $73, while maintaining a "neutral" rating. "The true opportunity at Walgreens', in our view, is the upside from creating a 'Best-in-Class' company from a cost, merchandising and financial perspective," Credit Suisse analysts said, adding that it will not be easy in the face of longer-term industry headwinds.

 

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