Someone has appeared who will tell it like it is. Citigroup today, Dec. 23, 2010 has rated WAG a sell and has valued it at 33. I assume that when WAG was 26 in August, 33 seemed reasonable. At 39, today, it still does. To go from 26 to 40 in four months was ridiculous. Watch it slowly descend from here. Still best in breed. Still overpriced. Kroger is a much better value at todays prices(21) than WAG. It has yet to begin its run. I expect it's move up to begin shortly, possibly fueled by some WAG money being taken off the table.
There is NO downgrade of Walgreens, they started stupid in their recommendation and they just stayed stupid! Here is what Wag has done compared to "competition" in the last six months while Debbie has been telling you to sell Wag!