<div id="readability-page-1"><p>StockNews.com began coverage on shares of <span>Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report)</span> in a research note issued on Friday. The firm set a &#34;hold&#34; rating on the pharmacy operator's stock.</p><ul><li>Walgreens Comeback? Private Equity Circling for a Buyout</li></ul><p>Several other equities research analysts have also weighed in on WBA. Truist Financial decreased their price objective on Walgreens Boots Alliance from $13.00 to $12.00 and set a &#34;hold&#34; rating for the company in a report on Friday, January 31st. Deutsche Bank Aktiengesellschaft lowered shares of Walgreens Boots Alliance from a &#34;hold&#34; rating to a &#34;sell&#34; rating and lowered their price target for the company from $11.00 to $9.00 in a research report on Friday, February 28th. Royal Bank of Canada raised their price objective on shares of Walgreens Boots Alliance from $9.00 to $12.00 and gave the stock a &#34;sector perform&#34; rating in a report on Wednesday, January 15th. Wolfe Research upgraded shares of Walgreens Boots Alliance to a &#34;hold&#34; rating in a research note on Monday, February 24th. Finally, Bank of America raised their price target on Walgreens Boots Alliance from $7.50 to $8.50 and gave the stock an &#34;underperform&#34; rating in a report on Monday, January 13th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have issued  a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of &#34;Hold&#34; and an average price target of $10.59.</p><p><b>Get Our Latest Report on Walgreens Boots Alliance</b></p><h2>Walgreens Boots Alliance Price Performance</h2><ul><li>MarketBeat Week in Review – 03/10 - 03/14</li></ul><p>WBA opened at $10.69 on Friday. The firm's fifty day moving average price is $10.73 and its two-hundred day moving average price is $10.05. The company has a market capitalization of $9.24 billion, a price-to-earnings ratio of -1.04, a P/E/G ratio of 1.31 and a beta of 0.67. The company has a debt-to-equity ratio of 0.68, a current ratio of 0.64 and a quick ratio of 0.30. Walgreens Boots Alliance has a 1 year low of $8.08 and a 1 year high of $18.83. </p><p>Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last issued its quarterly earnings results on Tuesday, April 8th. The pharmacy operator reported $0.63 EPS for the quarter, topping analysts' consensus estimates of $0.53 by $0.10. Walgreens Boots Alliance had a positive return on equity of 17.61% and a negative net margin of 5.87%. The business had revenue of $38.59 billion for the quarter, compared to analyst estimates of $37.90 billion. During the same period last year, the company posted $1.20 earnings per share. Walgreens Boots Alliance's quarterly revenue was up 4.1% compared to the same quarter last year.  As a group, analysts anticipate that  Walgreens Boots Alliance will post 1.6 earnings per share for the current fiscal year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>Walgreens Boots Alliance: Don’t Write Off This Asset Champ Yet</li></ul><p>A number of institutional investors and hedge funds have recently modified their holdings of the stock. Sentry Investment Management LLC bought a new position in shares of  Walgreens Boots Alliance in the first quarter worth approximately $27,000.  First Financial Corp IN grew its holdings in  Walgreens Boots Alliance by 49.2% in the 4th quarter. First Financial Corp IN now owns 2,685 shares of the pharmacy operator's stock worth $25,000 after acquiring an additional 885 shares during the last quarter.  Golden State Wealth Management LLC purchased a new position in shares of  Walgreens Boots Alliance in the fourth quarter valued at about $26,000.  Riverview Trust Co raised its stake in shares of  Walgreens Boots Alliance by 123.8% during the fourth quarter. Riverview Trust Co now owns 2,874 shares of the pharmacy operator's stock valued at $27,000 after acquiring an additional 1,590 shares during the last quarter.  Finally, Colonial Trust Co SC boosted its holdings in shares of  Walgreens Boots Alliance by 79.5% during the fourth quarter. Colonial Trust Co SC now owns 2,928 shares of the pharmacy operator's stock worth $27,000 after purchasing an additional 1,297 shares during the period. 58.59% of the stock is owned by institutional investors. </p><h2>About Walgreens Boots Alliance</h2> (Get Free Report)<p>Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Walgreens Boots Alliance</li><li>3 Warren Buffett Stocks to Buy Now</li><li>Joby Aviation: Operational Momentum vs. Market Sentiment</li><li>How Technical Indicators Can Help You Find Oversold Stocks </li><li>Broadcom's Big Outperformance Shows Strength Amid Tariff Decline</li><li>Find and Profitably Trade Stocks at 52-Week Lows</li><li>Carvana: Can Turnaround Strength Outdrive Market Headwinds?</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0JB?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9V0JB"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Walgreens Boots Alliance Right Now?</h2><p>Before you consider Walgreens Boots Alliance, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Walgreens Boots Alliance wasn't on the list.</p><p>While Walgreens Boots Alliance currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>StockNews.com has initiated coverage on Walgreens Boots Alliance (NASDAQ:WBA), assigning a "hold" rating. Analysts have varied opinions, with Truist Financial lowering its price target from $13.00 to $12.00, while Deutsche Bank downgraded from "hold" to "sell" with a target of $9.00. The stock has an average rating of "hold" and a price target of $10.59. Walgreens reported a quarterly EPS of $0.63, exceeding estimates, with revenue of $38.59 billion, a 4.1% increase year-over-year. Institutional investors hold 58.59% of the stock.</p>

Walgreens Boots Alliance (NASDAQ:WBA) Now Covered by Analysts at StockNews.com