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

|By:, SA News Editor

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.