Is Walgreens Stock Undervalued At $18?

Walgreens logo is seen on a truck semitrailer in Florida Keys, United States on May 7, 2024. (Photo ... [+] by Jakub Porzycki/NurPhoto via Getty Images)NurPhoto via Getty ImagesWalgreens saw its stock rise 5% on Monday, May 13, following the reports that it has contacted potential buyers for the Boots business. [1] Boots is a UK-based drugstore chain, and it could be valued at around $9 billion. If Walgreens succeeds in the sale of Boots at a valuation above$9 billion, it will likely provide a boost to its ...