Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (2024)

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04:00:00 2024-06-03 pm EDT
Pre-market 08:00:00 pm
15.92 USD -1.85% Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (1) 15.78 -0.88%
Jun. 03 Evercore ISI Adjusts Price Target on Walgreens Boots Alliance to $17 From $18, Keeps In Line Rating MT
May. 31 Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating MT

Latest news about Walgreens Boots Alliance, Inc.

Evercore ISI Adjusts Price Target on Walgreens Boots Alliance to $17 From $18, Keeps In Line Rating MT
Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating MT
Price cuts, weaker spending may boost Fed's faith in inflation outlook RE
Nvidia soon to join the Dow Jones? Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (2)
Health Care Limits Losses Amid Defensive Bias - Health Care Roundup DJ
Global markets live: Anglo American, Nvidia, Apple, Amazon, Tesla, Walt Disney... Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (3)
The market is good to go until Nvidia’s next quarterly results Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (4)
Walgreens Boots Alliance Sells $400 Million of Cencora Shares MT
Walgreens further cuts stake in drug distributor Cencora RE
Walgreens reduces stake in Cencora RE
News Highlights : Top Company News of the Day - Tuesday at 1 PM ET DJ
News Highlights : Top Company News of the Day - Tuesday at 11 AM ET DJ
Advanced Oxygen Therapy plans London float - Sky News AN
Walgreens to Sell Over-the-Counter Naloxone Anti-Narcotic Spray to Reverse Opioid Overdoses MT
Walgreens Announces Launch of Walgreens Brand Naloxone HCI Nasal Spray CI
Raspberry Pi helps lift gloom over London IPO market AN
Global markets live: Apple, Sony, Vodafone, Booking, Walmart... Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (5)
TD Cowen Adjusts Price Target on Walgreens Boots Alliance to $35 From $37 MT
FTSE 100 remains flat amid UK labor data and corporate updates Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (6)
UK wage growth above forecasts; Greggs sales rise AN
Stocks to drift lower before US PPI print AN
Equities Close Mixed as Markets Weigh Consumer Inflation Survey MT
Equities Close Mixed as Markets Parse Consumer Inflation Survey MT
Equities Mixed Intraday as Markets Analyze Consumer Inflation Survey MT
Sector Update: Health Care Stocks Mixed in Afternoon Trading MT

Chart Walgreens Boots Alliance, Inc.

Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (7)

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Company Profile

Walgreens Boots Alliance, Inc. specializes in the distribution of pharmaceutical products. Net sales break down by activity as follows:- retail distribution (87.2%): selling prescription drugs, OTC medicines, beauty and cosmetic products, etc. in the United States (90.9% of net sales) and internationally (9.1%). At the end of August 2023, the activity is carried out through 13,532 outlets (of which 8,706 located in the United States, Puerto Rico and the US Virgin Islands), and through the Internet;- wholesale distribution (8.1%).The remaining sales (4.7%) are from the healthcareNet sales break down geographically as follows: the United States (84%), Germany (8.1%), the United Kingdom (6.5%) and other (1.4%).

Sector

Drug Retailers

Calendar

2024-06-26 - Q3 2024 Earnings Release (Projected)

Related indices

Dow Jones Industrial ,

More about the company

Income Statement Evolution

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Analysis / Opinion

Walgreens CEO on Narrowed Forecast, Shoppers Cutting Back Spending March 28, 2024 at 03:59 pm EDT
Walgreens Boots Alliance, Inc. first light at the end of the tunnel? November 27, 2023 at 10:22 am EST

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Ratings for Walgreens Boots Alliance, Inc.

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (10)

Buy

Mean consensus

HOLD

Number of Analysts

19

Last Close Price

15.92USD

Average target price

22.52USD

Spread / Average Target

+41.46%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

Sector Other Drug Retailers

1st Jan change Capi.

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YIFENG PHARMACY CHAIN CO., LTD.

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CORPORATIVO FRAGUA, S.A.B. DE C.V.

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NAHDI MEDICAL COMPANY

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CLICKS GROUP LIMITED

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DASHENLIN PHARMACEUTICAL GROUP CO., LTD.

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WELCIA HOLDINGS CO., LTD.

-12.17% 2.85B

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Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (21)

Morgan Stanley Lowers Price Target on Walgreens Boots Alliance to $13 From $16, Maintains Underweight Rating (2024)

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