Walgreens Boosts Alliance (WBA) PT Lowered to $80 at Loop Capital

Mizuho Securities Downgrades Walgreens Boosts Alliance (WBA) to Neutral

Mizuho Securities downgraded Walgreens Boosts Alliance (NASDAQ: WBA) from Buy to Neutral with a price target of $64.00 (from $77.00).

Analyst Ann Hynes says the valuation no longer justifies a Buy recommendation noting it appears unlikely the company outperformance given new competitive threats from Amazon... More

Walgreens Boosts Alliance (WBA) PT Lowered to $68 at RBC Capital

RBC Capital lowered its price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $68.00 (from $88.00) while maintaining an Outperform rating.

Analyst George Hill views the sharp downward move Thursday following Amazon's entry into the pharmacy space as an overreaction.

Jefferies Downgrades Walgreens Boosts Alliance (WBA) to Hold

Jefferies downgraded Walgreens Boosts Alliance (NASDAQ: WBA) from Buy to Hold with a price target of $65.00 (from $85.00).

Analyst Brian Tanquilut comments "We are downgrading WBA from Buy to Hold given our belief that AMZN's acquisition of mail order pharmacy PillPack has enlarged... More

Baird Downgrades Walgreens Boosts Alliance (WBA) to Neutral

Baird downgraded Walgreens Boosts Alliance (NASDAQ: WBA) from Outperform to Neutral with a price target of $64.00 (from $86.00).

ANalyst Eric Coldwell comments "This is not purely a reactionary Amazon downgrade. We would have been reducing price target sans Amazon news; script growth... More

Walgreens Boosts Alliance (WBA) PT Lowered to $79 at Scotiabank

Scotiabank lowered its price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $79.00 (from $91.00) while maintaining a Sector Outperform rating.

Walgreens Boosts Alliance (WBA) PT Lowered to $66 at Leerink Partners

Leerink Partners lowered its price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $66.00 (from $70.00) while maintaining a Market Perform rating.

Walgreens Boosts Alliance (WBA) PT Lowered to $64 at Evercore ISI; Today was a 'Complete Mess', But Maintaining OP Rating

Evercore ISI lowered its price target on Walgreens Boosts Alliance (NASDAQ: WBA) to $64.00 (from $74.00) while maintaining an Outperform rating.

Analyst Ross Muken commented, "What a complete mess today turned out to be (and here I was worried about balancing MCKs Analyst Day w/ WBAs report). While on the surface WBAs print... More

UPDATE: BofA/Merrill Lynch Downgrades Walgreens Boosts Alliance (WBA) to Underperform

(Updated - June 28, 2018 4:26 PM EDT)

(updated to add analyst comment and price target)

BofA/Merrill Lynch downgraded Walgreens Boosts Alliance (NASDAQ: WBA) from Neutral to Underperform, price target $60.00 (from $73.00)

Earlier on Thursday analyst Michael Cherny said the company growth algorithm... More