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Benzinga
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Top Wall Street Forecasters Revamp Walgreens Expectations Ahead Of Q3 Earnings

1. WBA's Q3 earnings expected to drop to 34 cents per share. 2. Revenue projection slightly increased to $36.72 billion year-over-year. 3. Walgreens to pay $300 million to settle opioid prescription allegations. 4. Deutsche Bank downgraded WBA from Hold to Sell with a $9 price target. 5. Analysts are mixed; some maintain neutral or hold ratings.

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FAQ

Why Bearish?

Analyst downgrades and declining earnings significantly impact investor confidence in WBA.

How important is it?

Earnings reports are critical for stock performance, highlighted by recent downgrades.

Why Short Term?

Immediate earnings report typically influences stock price; performance metrics are crucial.

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