Albertsons Companies, Inc. Reports First Quarter Fiscal 2024 Results
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Telsey Reiterates Market Perform Rating on Albertsons Companies Inc. (ACI)
July 23, 2024 2:11 PM EDTTelsey analyst Joseph Feldman reiterated a Market Perform rating and $27.25 price target on Albertsons Companies Inc. (NYSE: ACI).
The analyst comments "TAG View: Albertsons reported inline 1Q24 adjusted EBITDA of $1.18B, with better-than-expected ID sales of 1.4% vs. our forecast of 0.5% and the FactSet consensus (FS) of 0.7%. In 1Q24, ID sales benefited from the strength of... More
Albertsons Companies Inc. (ACI) PT Raised to $23 at RBC Capital
July 23, 2024 11:59 AM EDTRBC Capital analyst Steven Shemesh raised the price target on Albertsons Companies Inc. (NYSE: ACI) to $23.00 (from $22.00) while maintaining a Outperform rating.
The analyst comments "Strong top-line as anticipated and slightly better flow through than we had modeled. Based on these results and... More
