Analysts: Walgreens May Benefit from Boots Acquisition and 3 Other Research Notes to Look Over
Walgreens (NYSE:WAG): Barrington upgraded Walgreens to Outperform from Market Perform with a $65 price target, citing management’s execution of the Boots acquisition. The firm says that the synergy targets are ahead of expectations.
Express (NYSE:EXPR): After meeting with Express’ management, BMO Capital thinks that the company is off to a strong start this fall. The firm believes that sales of the company’s women’s products are increasing versus the same period a year ago, and it keeps an Outperform rating on the stock.
Whiting Petroleum (NYSE:WLL): SunTrust increased its target on Whiting to $92 from $69 as the firm thinks that the company’s new completion design will cause its productivity to rise significantly, while its inventory is deeper than previously believed. The firm now identifies Whiting as its Top Pick, and keeps a Buy rating on the shares.
Micron (NASDAQ:MU): Credit Suisse sees further structural upside for Micron and sees rising capacity, consolidation, and Samsung’s handset share position boding well for supply. The firm raised its price target to $25 from $20, and the firm reiterates its Outperform rating.