Citigroup maintaines Sell rating on Walgreen... Too much damage has already been done.
“This dispute also highlights the viability of narrow networks, and we are not convinced that Express Scripts clients will rush to have Walgreen back int he network,” she says. She expects sales at established Walgreen locations to underperform expectations."
Moody's: New Network Provides Walgreen With Opportunity to Win Back 85% of Rx Covered by Express Scripts Contract That Went to Other Pharmacies After Contract Expired DJ Realtime News – 5:56 PM ET 07/19/2012
>>> why not play it both ways...i.e. own both CVS & WAG ...they'll both benefit from the 79 million baby boomers coming...with prescriptions in hand...BUY BOTH (and check out WAG's dividend yield & dividend GROWTH rate, which doubles the dividend every 2.5 years, based on 5 yr avg...more shareholder friendly...and have raised their dividsend every yr. for over 25 years..."aristocrat"...hard to beat those payouts ! CASH FLOWS back to shareholders nearing retirement...compounding !)