Rite Aid and Albertsons terminate merger amid opposition to deal

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 10/28/2026

1. HOOD
2. BA
3. ENPH
4. NXPI
5. KIDS
6. STX
7. CSGP
8. UPS
9. V
10. LSTR

Go back to Rite Aid and Albertsons terminate merger amid opposition to deal

Rite-Aid (RAD) PT Lowered to $1.75 at Mizuho Securities as Albertsons Merger Breaks

August 9, 2018 7:36 AM EDT

Mizuho Securities lowered its price target on Rite-Aid (NYSE: RAD) to $1.75 (from $2.25) while maintaining a Neutral rating as Albertsons merger breaks.

Analyst Ann Hynes is using an 8.6x EV/EBITDA multiple on our new FY19E adjusted EBITDA, which is in-line with the retail... More