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A Quick Look at Today's Ratings for Walgreens Boots Alliance(WBA.US), With a Forecast Between $7 to $16

Futu News ·  Oct 16 21:00  · Ratings

On Oct 16, major Wall Street analysts update their ratings for $Walgreens Boots Alliance (WBA.US)$, with price targets ranging from $7 to $16.

Morgan Stanley analyst Erin Wright maintains with a sell rating, and maintains the target price at $7.

J.P. Morgan analyst Lisa Gill maintains with a buy rating.

BofA Securities analyst Allen Lutz maintains with a sell rating, and maintains the target price at $7.5.

Barclays analyst Stephanie Davis maintains with a sell rating, and adjusts the target price from $7 to $8.

TD Cowen analyst Charles Rhyee maintains with a buy rating, and maintains the target price at $16.

Furthermore, according to the comprehensive report, the opinions of $Walgreens Boots Alliance (WBA.US)$'s main analysts recently are as follows:

  • The company's Q4 report provided guidance for fiscal 2025 and data points that were more reassuring than anticipated, helping to alleviate near-term liquidity worries. Despite these positive aspects, there are still ongoing structural concerns regarding the U.S. retail pharmacy sector.

  • The analyst noted that Walgreens Boots Alliance has unveiled its anticipated FY25 guidance, offering a practical forecast for the company despite numerous variables. While the firm does not favor witnessing a year-over-year halving of the business's core AOI, the provided guidance aligns with expectations, accommodating a logical perspective on reimbursement, headwinds, and growth. The emphasis now shifts to implementation, with store closures and enhancements in working capital expected to draw investor scrutiny until a steady pattern for these transformations is established.

Here are the latest investment ratings and price targets for $Walgreens Boots Alliance (WBA.US)$ from 7 analysts:

StockTodayLatestRating_nn_210662_20241016_en

Note:

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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.

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