Melius Research Initiates Coverage On Albertsons Companies with Hold Rating, Announces Price Target of $19
Portfolio Pulse from Benzinga Newsdesk
Melius Research has initiated coverage on Albertsons Companies (NYSE:ACI) with a Hold rating and set a price target of $19.
September 23, 2024 | 5:31 pm
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Melius Research has initiated coverage on Albertsons Companies with a Hold rating and a price target of $19, indicating a neutral stance on the stock.
The Hold rating suggests that the analyst does not see significant upside or downside in the stock at the current price. The price target of $19 provides a specific valuation expectation, which is crucial for investors. This neutral stance is likely to result in limited short-term price movement.
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IMPORTANCE 70
RELEVANCE 100