Walgreens Boosts Alliance (WBA) PT Lowered to $95 at Credit Suisse
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Price: $11.98 --0%
Rating Summary:
8 Buy, 21 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
Rating Summary:
8 Buy, 21 Hold, 6 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 7 | Down: 14 | New: 26
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Credit Suisse analyst Erin Wilson Wright lowered the price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $95.00 (from $97.00) while maintaining a Outperform rating following Q1 results.
The analyst notes while the company reaffirmed 2019 constant-currency EPS growth of +7-12%, they are lowering FY19 EPS to $6.54 (from $6.57) to reflect the beat offset by incremental FX headwinds (-$0.03) and a tempered underlying profit trajectory for the balance of the year.
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