Alert: Major Price Advance (12/10/24)-Walgreens Boots Alliance Inc (NASDAQ: WBA).

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On 12/10/24, Walgreens Boots Alliance Inc (NASDAQ: WBA) stock enjoyed a major increase of 17.7%, closing at $10.42. Moreover, this advance was accompanied by exceptionally high trading volume at 447% of normal. The stock has been extremely weak relative to the market over the last nine months but has risen 16.0% during the last week.

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Current PriceTarget Research Rating

Walgreens Boots Alliance has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Walgreens Boots Alliance has a very high Appreciation Score of 88 but a very low Power Rating of 0, leading to the Negative Value Trend Rating.

Rating Review

In light of this very positive price change we are reviewing our current Overall Rating of D. This review will be completed in the next several days.

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