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Fly News Breaks for January 16, 2020
WBA
Jan 16, 2020 | 06:52 EDT
Mizuho analyst Ann Hynes lowered her leveraged buyout target range for Walgreens Boots Alliance to $60-$65 from $64-$71 following the company's "tough" quarter. The analyst's most probable scenario yields a take-out price of $60 per share. She lowered her price target for Walgreens to $56 from $59 and keeps a Neutral rating on the name.
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