What is your prediction of wba stock? It is going up?


Aime
Walgreens Boots Alliance (WBA) stock is not expected to rise significantly in the near term. Here's the analysis to support this prediction:
- Current Analyst Sentiments and Price Targets:
- The consensus rating for WBA is "Neutral" with an average price target of $14.381. This suggests that analysts do not see a strong upward momentum in the stock's price.
- A more conservative short-term average price target of $12.79 is provided by UBS, indicating potential downside from the current price2.
- Recent Price Target Adjustments:
- UBS and RBC have both lowered their price targets, reflecting a cautious outlook2. This is a bearish signal as these institutions typically have a significant influence on market sentiment.
- Technical Indicators:
- The stock is currently trading below its 50-Day Moving Average of $15.93, which typically indicates a bearish trend.
- The 5-Day and 10-Day Moving Averages are $11.27 and $12.79 respectively3, suggesting a recent decline in stock price.
- Fund Flow and Market Performance:
- There has been a net fund outflow of $52.35 million4, which could be a result of investors pulling out of the stock, potentially due to concerns about its future performance.
- The stock's performance has been volatile, with a high price volatility of 5.58% over the last 30 days5, which may continue to hamper investor confidence.
- Long-term Outlook:
- Looking ahead, the stock's long-term forecast is not optimistic. For instance, by 2025, the stock price is predicted to decrease by 7.47% to $14.755, and it could face further declines in subsequent years.

In conclusion, while there is some upside potential based on the analysts' average price target, the current technical indicators, recent price target adjustments, and net fund outflows suggest that WBA stock is unlikely to experience a significant upward trend in the near term. Investors should exercise caution and consider these factors when making investment decisions.
Source:
1.
WBA Average Price Target, Consensus Rating
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