Retail ETFs Anticipate Adjustments As Walgreens Prepares To Go Private
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 07 2025
0mins
Source: Benzinga
Impact of Walgreens Buyout on ETFs: Investors in ETFs with exposure to Walgreens Boots Alliance Inc. are monitoring the effects of its buyout by Sycamore Partners, which will require these funds to rebalance their holdings as Walgreens goes private, potentially leading to short-term volatility but ultimately diversifying their portfolios.
Retail Sector Performance Amid Economic Uncertainty: The Walgreens buyout occurs during a period of mixed earnings reports in the retail sector, reflecting varied consumer spending habits influenced by inflation and economic uncertainty, with some retailers exceeding expectations while others provide cautious guidance.
Analyst Views on RSPS
Wall Street analysts forecast RSPS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for RSPS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
0 Buy
0 Hold
0 Sell
Current: 30.710
Low
Averages
High
Current: 30.710
Low
Averages
High
No data
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
