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Albertsons price target lowered to $23 from $25 at BMO Capital

BMO Capital lowered the firm’s price target on Albertsons (ACI) to $23 from $25 and keeps an Outperform rating on the shares. Sluggish industry volumes overshadowed an otherwise solid Q3 for Albertsons, marked by a modest improvement in grocery market share trends, the analyst tells investors in a research note.

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