Evercore ISI Group Maintains In-Line on Albertsons Companies, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani maintains an In-Line rating on Albertsons Companies (ACI) and lowers the price target from $23 to $22.

April 16, 2024 | 2:37 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an In-Line rating on Albertsons Companies and lowers the price target from $23 to $22.
The adjustment in price target by Evercore ISI Group, while maintaining an In-Line rating, suggests a neutral outlook on Albertsons Companies' stock. The slight decrease in the price target may reflect minor adjustments in valuation assumptions but does not indicate a significant change in the company's fundamentals or market position. Therefore, the impact on the stock price is likely to be limited in the short term, assuming no other market-moving news.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100