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Albertsons upgraded to Outperform from Market Perform at BMO Capital

BMO Capital upgraded Albertsons (ACI) to Outperform from Market Perform with a price target of $25, up from $19. The firm believes Albertsons may see valuation expansion from the current “low levels as investors seek cheap, defensive stocks” in the second half of 2025. Further, the company’s earnings expectations appear appropriately low with margins nearly back to 2019 levels, and BMO sees lower risk of price investments across the industry near-term, the analyst tells investors in a research note.

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