Payer Pushback Is Weighing Down Retail Pharmacy Stocks
Prescription volume is climbing at Walgreens Boots Alliance (NASDAQ: WBA) and CVS Health (NYSE: CVS), yet growth rates at these pharmacy retailers are slowing. Why aren't retail pharmacies benefiting more from aging baby boomers?
In this clip from The Motley Fool's Industry Focus: Healthcare podcast, analyst Kristine Harjes and contributor Todd Campbell explain how falling drug prices for generic drugs are putting a lid on growth rates and crimping stock prices industrywide.
A full transcript follows the video.
Source: Fool.com
Walgreens Boots Alliance Inc. Stock
Currently there is a rather negative sentiment for Walgreens Boots Alliance Inc. with 5 Buy predictions and 9 Sell predictions..
On the other hand, the target price of 17 € is above the current price of 8.38 € for Walgreens Boots Alliance Inc., so the potential is actually 102.99%.