tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Albertsons price target lowered to $25 from $27 at UBS

UBS lowered the firm’s price target on Albertsons (ACI) to $25 from $27 and keeps a Buy rating on the shares. Albertsons showed progress with its turnaround in Q2, and the announcement of a $750M accelerated share repurchase helped support the company’s share price gains on the day and sets the foundation to reach its longer-term algorithm in FY26 and beyond, the analyst tells investors in a research note.

Meet Your ETF AI Analyst

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1