TD Cowen lowered the firm’s price target on Walgreens Boots Alliance (WBA) to $14 from $16 and keeps a Buy rating on the shares. The firm updated its estimates and based on its store closure build, they see FY26 adj. EPS still falling year-over-year albeit at slower rate before returning to growth in FY27.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on WBA:
- Walgreens (WBA) Forges its Way to an Improved Financial Performance
- Walgreens Boots Alliance price target raised to $10 from $9 at UBS
- Walgreens Faces ESG Challenges: Navigating Risks to Reputation and Financial Health
- SPY ETF Update, 10/17/2024
- Walgreens Boots Alliance price target raised to $8 from $7 at Barclays