Information Provided By:
Fly News Breaks for October 12, 2018
RAD, WBA
Oct 12, 2018 | 08:27 EDT
SunTrust analyst David MacDonald raised his price target on Walgreens Boots Alliance (WBA) to $75 after its Q4 earnings beat and FY19 guidance yesterday. The analyst says the results were marked by "solid U.S. pharmacy performance" in spite of the ongoing reimbursement and generic headwinds. MacDonald also keeps his Hold rating, adding that while the company's cash flow remains "robust" and the integration of Rite Aid (RAD) is still on track, he is concerned about the challenging environment and ongoing degradation in gross margins.
News For WBA;RAD From the Last 2 Days
There are no results for your query WBA;RAD