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UBS upgrades Walgreen (WAG) to a Buy rating from Neutral and sets a $48 price target on shares....

UBS upgrades Walgreen (WAG) to a Buy rating from Neutral and sets a $48 price target on shares. The firm notes the drugstore operator could see stronger gross margins and thinks visibility on the impact of the Alliance Boots transaction is clearer. WAG +1.4% premarket to $41.63.
Comments (1)
  • BlueOkie
    , contributor
    Comments (5582) | Send Message
     
    The express scripts deal hurt WAG in the short run, in the long run it got them off their duffs and made them more competitive
    13 Mar 2013, 09:01 AM Reply Like
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