Barrington Research Upgrades Walgreen

Barrington Research upgraded Walgreen (NYSE: WAG) to Outperform in a research report published today. Barrington Research has a $41 price target on Walgreen shares.

In the report, Barrington Research states, " We continue to believe WAG has found a strategy that can achieve sustainable earnings growth. As the company begins to accelerate investments to simultaneously execute upon its growth strategy making itself increasingly relavent to payors who also know and value the convenience and consistency of WAG stores."

Shares of Walgreen were trading at $33.80 at the time of posting, up 1.29% from Wednesday's market close.