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Валгрин Ко. Message Board

  • robbsbeach robbsbeach May 26, 2010 9:28 AM Flag

    Walgreens Execution:

    Walgreen (WAG: NYSE) By Credit Suisse ($34.81, May 20, 2010)

    WE ARE MOVING TO the sidelines with Walgreen (ticker: WAG) until visibility (or the risk-reward) improves and [we] downgraded our rating from Outperform to Neutral.

    I have not seen a response from walgreens PR department to address the downgrade
    issues, expressed by Credit Suisse.

    CCR was talked about by the CFO during the last two presentation's, So is it working out..
    Some say no.. but the CEO and CFO put a high value in this restructuring direction.

    And any update on SG&A would be helpful.
    This Head line has remained the same for a week now.....

    Walgreens needs a press release and give some direction as to how to play this option for future growth!!!

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