Rite Aid (RAD) Worth Between $2.48-$3.00 - Susquehanna

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Rite Aid (RAD) Worth $1.99-$3.18 Per Share - JPMorgan

February 21, 2018 8:25 AM EST

JP Morgan analyst LisaGill said Rite Aid (NYSE: RAD) is worth $1.99-$3.18 using Kroger's (NYSE: KR) multiple as a proxy.

Gill notes KR currently trades at an EV/EBITDA multiple of 6.8x based on Bloomberg consensus for... More

Amazon (AMZN) Quietly Launched Exclusive Line of Over-The-Counter Health Products - CNBC

February 20, 2018 3:19 PM EST

Amazon (NASDAQ: AMZN) Quietly Launched Exclusive Line of Over-The-Counter Health Products - CNBC

... More

Rite Aid (RAD) Shares Worth About $0.75 to $1.75 Per Share - Evercore

February 20, 2018 10:01 AM EST

Evercore ISI maintains Underperform on Rite-Aid (NYSE: RAD) price target of $1.50.

Analyst Ross Muken comments "From a financial standpoint, depending on the elections made by RAD shareholders, we see the value per RAD share as $0.75-
$1.75. This is based on the PF... More

Pre-Open Movers 02/20: (RAD) (CVRS) (AIMT) (DBVT) (NXPI) (WMT) (SNAP) (SHPG)

February 20, 2018 8:49 AM EST

Rite Aid Corporation (NYSE: RAD) 23.9% HIGHER; Albertsons Companies, one of the nations largest grocery retailers, and Rite Aid Corporation (NYSE: RAD), one of the nations leading drugstore chains, announced a definitive merger agreement under which privately held Albertsons Companies will merge with publicly traded Rite Aid. Under the terms of the agreement, in exchange for every 10 shares of Rite Aid common stock, Rite Aid shareholders will have the right to elect to receive either (i) one share of Albertsons Companies common stock plus approximately $1.83 in cash or (ii) 1.079 shares of Albertsons... More

Albertson's buying Rite Aid is a Potential Win for McKesson (MCK), Loss for AmerisourceBergen (ABC)/Walgreens (WBA) - Needham & Company

February 20, 2018 7:33 AM EST

Albertsons buying Rite Aid (NYSE: RAD) is a Potential Win for McKesson (NYSE: MCK), Loss for AmerisourceBergen (NYSE: ABC)/Walgreens Boots Alliance (NASDAQ: WBA), Needham & Company analyst Kevin... More

Rite Aid (RAD) to be Acquired by Albertsons

February 20, 2018 7:04 AM EST

Albertsons Companies, one of the nations largest grocery retailers, and Rite Aid Corporation (NYSE: RAD), one of the nations leading drugstore chains, announced a definitive merger agreement under which privately held Albertsons Companies will merge with publicly traded Rite Aid.

Under the terms of the agreement, in exchange for every 10 shares of Rite Aid common stock, Rite Aid shareholders will have the right to elect to receive either (i) one share of Albertsons Companies common stock plus approximately $1.83 in cash or (ii) 1.079 shares of Albertsons Companies stock. Depending upon the... More