Walgreens: New CEO Looking To Right The Ship

patty_cBack in November, I upgraded Walgreens Boots Alliance (NASDAQ:WBA) to “Buy,” saying the stock could be a rebound candidate as it set a low bar and embarked on a cost-cutting campaign under new CEO Tim Wentworth. The stock is up about 6% since then. Let’s catch up on the name following its recent earnings report and other developments. FQ1 Results For its fiscal Q1 reported in January, WBA saw its revenue climb 10.0%, or 8.7% in constant currencies, to $36.7 billion. That soared past analyst estim ...