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Walgreens Boots Alliance (WBA) Dips More Than Broader Markets: What You Should Know

Walgreens Boots Alliance (WBA) closed at $53.57 in the latest trading session, marking a -1.65% move from the prior day. On that day, WBA is projected to report earnings of $1.47 per share, which would represent a year-over-year decline of 10.37%. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988.

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