Albertsons Cos., headquartered in Boise, Idaho, operates 2,269 food and drug retail stores across 34 states, employing 108,300 people and offering various products and services. The company went public on June 26, 2020.
ACI has been in the news recently: UBS has upgraded Albertsons Companies to a buy rating and raised its price target to $27, citing a 35% upside driven by strong growth in pharmacy sales. Meanwhile, Deutsche Bank has maintained a buy rating on UnitedHealth but has reduced its price target ahead of upcoming earnings.
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