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Wednesday, 07/22/2020 12:47:26 AM

Wednesday, July 22, 2020 12:47:26 AM

Post# of 64584
$ACI Albertsons initiated with an Overweight at Wells Fargo Wells Fargo analyst Edward Kelly initiated coverage of Albertsons with an Overweight rating and $18 price target. While grocery retailing is a "tough business," Albertsons provides an attractive risk/reward given that food at home demand should remain elevated well into 2021 and its national/local scale, Kelly tells investors in a research note. The analyst believes the stock's valuation points to a favorable setup.

Read more at:
https://thefly.com/landingPageNews.php?id=3128565

investorshub.advfn.com/$Pistol-Pete$-$Mick$-&-Friends-Stock-Picks-29568/

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