Albertsons stock gains, as J.P. Morgan listed it as a top pick among good retailers, due to persistent food inflation and because it no longer has the pending Kroger merger as a distraction.

JP Morgan has initiated coverage of U.S. food producers, retailers, and agricultural companies, highlighting McCormick ...

JPMorgan assumed coverage of Albertsons with an Overweight rating and $27 price target down from $29. The firm assumed coverage of 24 stocks in ...

Albertsons Companies, Inc. (NYSE:ACI) is one of the top stocks sold by hedge funds. On July 22, UBS upgraded ACI to Buy from ...

Kroger announced Aug. 11 that it has settled litigation with C&S Wholesale Grocers, which sued the Cincinnati-based ...

In October 2022, Albertsons announced that it would be acquired by sector rival Kroger (NYSE: KR) for $25 billion. Initially, ...

Albertsons has a strategy in place to buffer rising ingredients costs which are impacting the cost of goods from vendors, CEO ...

Albertsons, which has warned of difficulties in the years ahead without a buyer, could close stores, the J.P. Morgan analysts said. Similar to Kroger, Albertsons could end up buying smaller ...

Investing.com -- JP Morgan assumed coverage of U.S. food producers, retailers and agricultural product companies, naming ...