Reported 2 days ago
RBC Capital has lowered its price target for Albertsons Companies, Inc. (NYSE:ACI) from $23 to $21 while maintaining an Outperform rating. The adjustment follows a revised Q2 EBITDA forecast of $821 million, reflecting cautious investor sentiment regarding margin visibility and ongoing price investments. Despite being viewed as a potentially undervalued stock, RBC suggests that certain AI stocks may present better investment opportunities.
Source: YAHOO