Bank of America Lowers Albertsons (ACI) PT to $22 Despite Q2 Earnings Beat

Group 1 - Albertsons Companies Inc. is considered one of the best large-cap stocks to buy under $20 [1] - Bank of America analyst Robert Ohmes lowered the price target on Albertsons to $22 from $24 while maintaining a Neutral rating [1][2] - The adjusted EPS forecast for FY2026 was raised by $0.03 to $2.13, aligning with updated guidance after Q2 2025 earnings exceeded forecasts [1] Group 2 - The price target reduction was influenced by a lower multiple applied to the FY2027 adjusted EPS forecast, which was increased by $0.05 [2] - Wells Fargo analyst Edward Kelly maintained a Buy rating with a price target of $23.00, while RBC Capital analyst Steven Shemesh also reiterated a Buy rating with a price target of $21.00 [2] - The company operates in the food and drug retail industry in the US [3]