UBS upgraded its rating on shares of Walgreen Co. (WAG) 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.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.