Barclays analyst Seth Sigman lowered the firm’s price target on Albertsons (ACI) to $17 from $19 and keeps an Underweight rating on the shares. The firm is positive on the broadlines, hardlines and food retail sector entering 2026. It sees improvements in discretionary goods demand with potential for a “modest bump” from consumer tax savings ahead and interest rate cuts.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACI:
- Albertsons: Solid Execution and Strategic Upside Offset by Margin Headwinds and Limited Near-Term Upside, Justifying a Hold Rating
- Albertsons Earnings Call Highlights Growth Amid Headwinds
- Albertsons Earnings: ACI Stock Sinks as Modest Sales Growth Miss Forecast
- Midday Fly By: Warner Bros. urges holders to reject Paramount bid
- Albertsons management to meet with Roth Capital
