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Fly News Breaks for June 13, 2017
RAD, WBA
Jun 13, 2017 | 07:50 EDT
Baird analyst Eric Coldwell noted Walgreens Boots Alliance (WBA) will report Q3 results on June 29 and its focus will be on ramping wins in the U.S. and the start of Alliance Rx. He also believes there will be an update on the Rite Aid (RAD) deal and although he would prefer the deal to close, he is prepared for contingency plans, which may include a stock buyback. Coldwell maintained his Outperform rating and $96 price target on Walgreens shares.
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