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Walgreen Company (NYSE: WAG) received a number of ratings updates from brokerages and research firms in the last week:

  • Walgreen Company was upgraded by analysts at Barclays from an “equal weight” rating to an “overweight” rating. They now have a $92.00 price target on the stock, up previously from $56.00.
  • Walgreen Company had its price target raised by analysts at SunTrust from $82.00 to $87.00. They now have a “buy” rating on the stock.
  • Walgreen Company had its price target raised by analysts at Susquehanna from $80.00 to $95.00. They now have a “positive” rating on the stock.
  • Walgreen Company had its price target lowered by analysts at Goldman Sachs to $84.00.
  • Walgreen Company had its “overweight” rating reaffirmed by analysts at JPMorgan Chase & Co.. They now have a $77.00 price target on the stock, up previously from $74.00.
  • Walgreen Company was upgraded by analysts at Morgan Stanley from a “hold” rating to an “overweight” rating. They now have a $85.00 price target on the stock, up previously from $69.00. They wrote, “Investor call at end of July/early August, providing the stage for WAG/AB management to unveil Step 2, is next catalyst for shares. Inversion, capital structure, and earnings roadmap are key to watch for. We reiterate our OW and would be buyers ahead of potential inversion event.”
  • Walgreen Company had its price target raised by analysts at BB&T Corp. from $72.00 to $80.00.
  • Walgreen Company was upgraded by analysts at Jefferies Group from a “hold” rating to a “buy” rating. They now have a $87.00 price target on the stock, up previously from $69.00.
  • Walgreen Company had its price target raised by analysts at FBR Capital Markets from $68.00 to $73.00. They now have a “market perform” rating on the stock.
  • Walgreen Company had its “sector outperform” rating reaffirmed by analysts at Scotiabank.

Shares of Walgreen Company (NYSE:WAG) traded up 0.05% on Thursday, hitting $74.23. The stock had a trading volume of 4,102,875 shares. Walgreen Company has a one year low of $43.31 and a one year high of $76.39. The stock’s 50-day moving average is $71.77 and its 200-day moving average is $65.18. The company has a market cap of $70.840 billion and a price-to-earnings ratio of 26.12. Walgreen Company also was the target of unusually large options trading activity on Monday. Stock investors bought 23,585 put options on the company. This represents an increase of 187% compared to the typical daily volume of 8,223 put options.

Walgreen Co (NYSE:WAG), together with its subsidiaries, operates as a retail drugstore chain in the United States.

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