Walgreen Company (NYSE:WAG)
CAPS Rating:
Walgreen is your corner drugstore, selling prescription and OTC drugs and an array of other merchandise.
Walgreen is your corner drugstore, selling prescription and OTC drugs and an array of other merchandise.
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119. Walgreen Co. (NYSE: WAG) has been beaten down over 25% from earlier last year. I think Walgreens is bottoming around $32. Target: $36-$40. I've learned from my mother, who is a Pharmacist that presently works at Wal-Mart, that a lot of the bottom line comes from the pharmacy. I'm pointing this out because it appears Walgreens has successfully navigated the loss of a lot of their repeat business as of late due to disputes with Express Scripts (Nasdaq: ESRX).http://beta.fool.com/bradford86/2012/01/04/price-market-part-22/