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Albertsons price target lowered to $22 from $26 at Citi

Citi lowered the firm’s price target on Albertsons (ACI) to $22 from $26 and keeps a Buy rating on the shares. The company’s Q4 comps missed consensus but the stock’s risk/reward is favorable, the analyst tells investors in a research note. Citi says Albertsons’ pharmacy pricing pressured sales.

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