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Walgreen Co. (WAG) Broke Out To A New High Following Upgrade

UBS upgraded its rating on shares of Walgreen Co. (WAG: Quote) Wednesday morning to "Buy" from "Neutral."

Walgreen gapped up Wednesday and rose steadily throughout the first hour of trade, before settling into a range. The stock closed up by 1.74 at $42.78 on above average volume. Walgreen climbed above over a 5-week range and set a new high for the year.

by RTT Staff Writer

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