Barclays Downgrades Walgreen To Equal-weight

Analysts at Barclays downgraded Walgreen

from Overweight to Equal-weight. The target price for Walgreen has been lowered from $92.00 to $68.00. Walgreen shares have surged 11.83% over the past 52 weeks, while the S&P 500 index has gained 18.13% in the same period. Walgreen's shares declined 0.87% to $62.33 in pre-market trading.