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Rating: WAG
Buy $89
up 44.00 %

Walgreen Company (NASDAQ: WBA) reiterated to Buy with price target $89 by Deutsche Bank

Thursday,  Mar 19, 2015  1:25 PM ET by Lynn Gilbert

Deutsche Bank reiterated Walgreen Company (NASDAQ: WBA) to Buy with price target $89. Previously, Deutsche Bank rated Walgreen Company (NASDAQ: WBA) to Buy with price
target $67 on 10/06/2014, when the stock price was valued at $60.85. Since then, Walgreen Company's stock price has gained 44% as of 03/19/2015's recent price of $87.46.
If you had followed Deutsche Bank's previous recommendation on WBA, you would have gained 44% of your investment in 164 days.

Walgreen Co. is a national retail pharmacy chain and considered the leader in innovative drugstore retailing. Walgreens pioneered many store features that are becoming standards in the industry. Among those concepts are: Computerized pharmacies, Point-of-sale scanning, Freestanding stores with drive-thru pharmacies, and Intercom Plus, Walgreens advanced new pharmacy computer and workflow system. Intercom Plus allows pharmacists to spend more time counseling patients by assigning administrative tasks to pharmacy technicians

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.

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