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.
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