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Ebube Jones

Analysts Are Pounding the Table: Sell This High-Yield Dividend Stock Now

Walgreens Walgreens Boots Alliance Deutsche Bank Sycamore Partners United States Grubhub

Walgreens Boots Alliance (WBA) is in a tough spot right now. Analysts are advising investors to reconsider holding this stock, despite its previously high dividend yield. 

At the end of 2024, Walgreens announced plans to close approximately 1,200 stores over the next three years, including 500 stores in 2025. The company has been increasingly feeling the heat from discount retailers like Dollar General (DG), and the competition is eating into its bottom line.

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