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Fly News Breaks for October 28, 2015
RAD, WBA
Oct 28, 2015 | 07:24 EDT
Jefferies analyst Mark Wiltamuth raised his price target for Walgreens Boots Alliance (WBA) to $105 saying the acquisition of Rite Aid (RAD) adds scale and bargaining power. He estimates 63c of earnings per share accretion by 2019. The analyst keeps a Hold rating on the stock.