BUZZ-Walgreens hits over 27-year low

Reuters07-09

** Shares of drugstore chain operator Walgreens Boots Alliance fall 3.6% to $10.86

** WBA shares slumped 28% since co cut its 2024 profit forecast in late June and said it would close underperforming U.S. stores as weak consumer spending hurts retail operations

** Stock has hit its lowest since March 1997 to become the worst performer among S&P 500 stocks this year

** 2 out of 20 brokerages rate the stock "buy", 14 "hold" and 4 "sell"; their median PT is $12.91

** Including session's moves, stock down ~58% YTD

(Reporting by Mariam Sunny in Bengaluru)

((Mariam.ESunny@thomsonreuters.com;))

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