walgreen

Jefferies reiterated its Buy rating on Walgreen (NYSE: WAG). At the same time, Jefferies left its price target on the company's stock unchanged at $50 after the company's reported better than expected quarterly earnings. In a research report published today, Jefferies states, "Walgreens reported...

Walgreen (NYSE: WAG) will be reporting its third-quarter fiscal 2011 results tomorrow, June 21, before the opening bell. Analysts are looking for the drug store operator to post earnings of $0.62 per share on revenues of $18.3 billion. That is up from $0.51 per share and $17.2 billion in the same...

Jefferies reports that its proprietary store survey of Walgreen Co. (NYSE: WAG) suggests that the company's Jingle Cash holiday promotion was quite successful. “In fact, 83% of store managers indicated the promotion helped sales,” Jefferies writes. “Our research heading into the holidays revealed...

Credit Suisse reports that Walgreen Co. (NYSE: WAG) appears to be on the track to rebuilding investor credibility, “as the company reported strong results for the second consecutive quarter.” Q1 EPS of $0.62 exceeded consensus of $0.54 and Credit Suisse's $0.53 estimate. “The upside was driven by...

Citigroup is raising its target on shares of Walgreen Co. (NYSE: WAG) from $31 to $33. “We are raising our F2011 EPS estimate to $2.54, up from $2.44 previously,” Citigroup writes. Walgreen closed Wednesday at $38.85.

JP Morgan has raised the price target on Walgreen Company (NYSE: WAG) from $38 to $39.

Jefferies & Company has raised the price target on Walgreen Company (NYSE: WAG) from $45 to $48.

JP Morgan has published a research report for CVS Caremark Corporation (NYSE: CVS) in anticipation of the company's Analyst Day this Friday, October 8. In the report, JP Morgan writes "We don't believe the Walgreen Company (NYSE: WAG) dispute materially impacted the selling season, and that the...