Walgreens Stock Could Rise 23%, According to Wall Street. Is That Realistic?

Per the consensus price target of Wall Street analysts, shares of Walgreens Boots Alliance (NASDAQ: WBA) are set to gain 23% within a year. But given the stock's decline of 27% over the last three years, it's reasonable for investors to wonder whether Wall Street's estimates are a bit too optimistic to be actionable.

Let's analyze Walgreens' positioning and examine its near-term options to see if the analysts are likely to be correct.

One key reason Walgreens stock is probably not going to rise by as much as Wall Street hopes is that it's selling off its investments to generate enough cash to pay its dividend, which isn't generally something a company does when it's on track to gain in value. 

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Source Fool.com