Albertsons price target raised to $23 from $22 at RBC Capital

RBC Capital analyst Steven Shemesh raised the firm’s price target on Albertsons (ACI) to $23 from $22 and keeps an Outperform rating on the shares after attending an investor event with the company’s management team. The firm continues to believe in the margin opportunity, though it also sees the timing of realization remaining up in the air, the analyst tells investors in a research note.