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Amended Deal With Rite Aid Has Leerink More Cautious On Walgreens Shares
Monday, July 10, 2017 - 8:34am | 676Leerink said in a note on Thursday it remains incrementally more cautious on the shares of Walgreens Boots Alliance Inc (NASDAQ: WBA) following the release of its quarterly results and after analyzing the new Rite Aid Corporation (NYSE: RAD) deal. Following a year-and-a-half dilly-dallying since...
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Why The Odds Of The Walgreens-Rite-Aid Deal Are Now '50/50'
Wednesday, April 12, 2017 - 9:00am | 574Leerink sees the odds of the Walgreens Boots Alliance Inc (NASDAQ: WBA)-Rite Aid Corporation (NYSE: RAD) deal going through as 50/50. Walgreens negotiated a revised agreement on January 30 to acquire Rite Aid for $6.50 to $7 per share, depending on the number of Rite Aid store divestitures. The...
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Fitbit Investors Take Profits Following Favorable Reaction To Blaze, Alta Shipment News
Friday, April 1, 2016 - 11:31am | 498The Fitbit Inc (NYSE: FIT) battle of bull versus bear continued on Friday as analysts at BlueFin Research Partners issued cautious commentary, while analysts at Leerink countered with a positive sentiment. Shares of Fitbit were higher by more than 1 percent on Friday, adding to the more than 25...