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Walgreens reports strong Q1 earnings, but sees stock holdings drop by some investors.
Walgreens Boots Alliance reported a strong first quarter, with earnings and revenue exceeding analysts' expectations.
The company saw a 7.2% revenue increase compared to the same quarter last year.
Despite this, several investors reduced their stock holdings, including Elevated Capital Advisors and International Assets Investment Management LLC.
The stock has a "Hold" rating with a target price of $10.59.
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Walgreens reporta fuertes ganancias del primer trimestre, pero ve caer las tenencias de acciones por parte de algunos inversores.