Walgreen Boots Alliance (WBA) stock was downgraded to Sell from Hold by Deutsche Bank analysts, the team also cutting its price target to $9 from $11 per share. Julie Hyman and Josh Lipton break down the analyst commentary,

Sycamore Partners’ potential bid to take Walgreens Boots Alliance (NASDAQ:WBA) private and split into three parts seems “highly difficult” which leads Deutsche Bank’s George Hill to see a more likely outcome of a “take-under” or for Sycamore to abandon the deal altogether.