Walgreens stock forecast analysts backing a bullish Walgreens

Analysts backing a bullish Walgreens stock forecast point to improving cash flow and reduced inventory costs. However, sentiment remains cautious as retail foot traffic data is yet to show sustained growth patterns post‑holiday season. Income attributable to shareholders came in at $4.3bn, which was up from $3.5bn in the second quarter, though much lower than the $7bn reported for the same period in the previous year. Shell said the third-quarter figure partly reflected weaker refining margins, lower realised oil prices and higher operating expenses. Walgreens Boots Alliance Inc. also runs nearly 3,700 international stores, with locations in the United Kingdom, Mexico, Thailand and Ireland. The U.S. segment is the biggest part of its business. Walgreens stock forecast upticks may materialize if store refurbishments improve customer conversion metrics. Real‑time data tracking shows incremental gain in front‑store basket sizes since early February.