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Evercore ISI Reaffirms Their Hold Rating on Walgreens Boots Alliance (WBA)

In a report released today, Elizabeth Anderson CFA from Evercore ISI maintained a Hold rating on Walgreens Boots Alliance (WBAResearch Report), with a price target of $32.00. The company’s shares opened today at $31.81.

According to TipRanks, Anderson CFA is an analyst with an average return of -21.9% and a 23.58% success rate. Anderson CFA covers the Healthcare sector, focusing on stocks such as 1Life Healthcare, Align Tech, and AmerisourceBergen.

The word on The Street in general, suggests a Hold analyst consensus rating for Walgreens Boots Alliance with a $39.20 average price target, representing a 23.23% upside. In a report released on September 22, Deutsche Bank also maintained a Hold rating on the stock with a $38.00 price target.

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The company has a one-year high of $53.19 and a one-year low of $31.23. Currently, Walgreens Boots Alliance has an average volume of 6.64M.

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Retail pharmacy leader Walgreens Boots Alliance (NASDAQ:WBA) operates through its namesake brand Walgreens in the U.S. and Boots in the U.K. In addition, it owns retail and business brands including the No7 Beauty Company, Duane Reade, Ahumada in Chile, and Benavides in Mexico. The company also targets equity investments in healthcare, pharmacy, and retail and has a presence in over 25 countries with more than 450,000 employees.

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