Walgreens Boots Alliance Stock Has 87% Upside, According to 1 Wall Street Analyst

A dirt cheap valuation is at the core of the lofty price target.It's been a difficult decade for investors in retail and pharmacy company Walgreens Boots Alliance (WBA 0.88%). The stock has been trending downward for years as persistent challenges soured market sentiment.An analyst at TD Cowen remains optimistic that Walgreens stock could see a major rebound. While TD Cowen reduced its price target from $37 to $35 today, it maintained a buy rating on the stock. Based on the current stock price, the new pric ...