By: Benzinga
UPDATE: Jefferies Upgrades Walgreen Company to Buy on Purchasing Synergies
Jefferies raised its rating on Walgreen Company (NYSE: WAG ) from Hold to Buy and increased its price target from $40 to $47. Jefferies said, "We are upgrading WAG to Buy from Hold as our research continues to suggest that purchasing synergies are materializing faster than expected. In addition,
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