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What Analysts Think of Walgreens Stock Ahead of Earnings

1. Walgreens will report earnings Friday, potentially impacting stock performance. 2. Last year, Walgreens was the worst-performing S&P 500 stock, dropping over 60%. 3. Analysts rate stock as 'hold', with an 8% price increase expected. 4. Company plans to close 1,200 stores to cut costs and optimize operations. 5. Walgreens is discussing a potential acquisition by Sycamore Partners.

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FAQ

Why Bearish?

Walgreens' poor performance and ongoing store closures indicate strong negative sentiment.

How important is it?

Earnings reports alongside store closures significantly influence WBA's stock trajectory.

Why Short Term?

Earnings report and stock reactions will likely show immediate effects.

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