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Walgreens Stock Has 'Run Too Far' on Deal Optimism, Analysts Say

1. Walgreens shares fell 5% amid sale speculation and analyst downgrades. 2. Deutsche Bank cut WBA's price target to below $9, citing overspeculation. 3. Retail pharmacy fundamentals are eroded, posing challenges for U.S. operations. 4. WBA plans to close 1,200 stores as part of a turnaround strategy. 5. Recent net earnings reflect losses of $256 million, adjusted profit at $440 million.

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FAQ

Why Bearish?

Analyst downgrades and store closures indicate a negative outlook for WBA's future performance.

How important is it?

The article highlights critical analyst insights and potential valuation concerns affecting WBA.

Why Short Term?

Immediate concerns about share price fluctuations due to speculation and analyst sentiment.

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