Walgreen (WAG): More healthy returns

Filed under: Newsletters, Walgreen Co (WAG), Stocks to Buy

"Walgreen (NYSE: WAG) reported fourth quarter profits that topped Wall Street's expectations," says Geoffrey Seiler.

In his BullMarket,com advisory, he forecasts, "We expect to see continued operational improvements in the months ahead." Here, the advisor reiterates his buy rating and boosts his price target for the stock.

The advisor observes,, "The company reported a net profit of $436 million, or 44 cents per share, for the quarter ended August 31st, a -1.5% decrease the same quarter a year ago. Results topped the Wall Street consensus by 5 cents share and edged the full-year EPS estimate by 3 cents.

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Walgreen (WAG): More healthy returns originally appeared on BloggingStocks on Thu, 15 Oct 2009 13:30:00 EST. Please see our terms for use of feeds.

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