Tigress Financial analyst Ivan Feinseth raised the firm’s price target on Albertsons (ACI) to $29 from $28 and keeps a Buy rating on the shares. The firm says the company is transforming from a traditional grocery operator into a “data-driven, digitally integrated food and wellness platform.” This is reshaping Albertsons’ revenue mix and deepening customer engagement across grocery, pharmacy, and digital touchpoints, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACI:
- GEN Korean BBQ expands from 31 to 300 grocery stores
- Verisign, HEICO, Transdigm, Albertsons, Cytokinetics: Insider Moves Unveiled!
- Albertsons Announces $750M Share Buyback Agreement
- Albertsons price target lowered to $22 from $24 at BofA
- Albertsons Companies: Strong Growth Potential and Resilience Amidst Industry Challenges