UPDATE: Morgan Stanley Reiterates on Walgreen Company Following Meetings with Alliance Boots

In a report published Thursday, Morgan Stanley analyst Ricky R. Goldwasser reiterated an Overweight rating on

, but removed the $68.00 price target. In the report, Morgan Stanley noted, “Meetings with Alliance Boots (AB) mgmt showcased an impressive executive team and gave us increased confidence in JV synergies, as well as a glimpse into front-end opportunities. Re-domiciling emerging as key debate with implications on tax rate and strategic direction.” Walgreen Company closed on Wednesday at $65.42.