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Fly News Breaks for July 19, 2016
RAD, WBA
Jul 19, 2016 | 08:08 EDT
Leerink analyst David Larsen remains positive on Walgreens Boots Alliance (WBA) in the long-term, despite reducing his forward revenue and earnings estimates due mainly to trends in FX. Larsen still believes that the Rite Aid (RAD) deal will close in the second half of 2016, and expects shares of Walgreens Boots Alliance to rally once that happens. The analyst reiterates an Outperform rating and $95 price target on Walgreens Boots Alliance's shares.
News For WBA;RAD From the Last 2 Days
