Analysts warn of Walgreen share risk

Posted June 11, 2010 at 1:55 p.m.

From Crain’s Chicago Business | Wall Street analysts say shares in Walgreen could take a major hit from its split with CVS Caremark.  Analysts say investors are underestimating the amount of business the No. 1 pharmacy chain could lose in its decision to leave Caremark’s benefits management business.

Shares of Walgreen were down down 2.2 percent, to $29.30, in late afternoon trading.

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chicagobusiness.com

 

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