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Tigress Financial Lifts Albertsons’ (ACI) Price Target Following Strong Q2 Results
Yahoo Finance· 2025-10-22 01:59
Core Insights - Albertsons Companies, Inc. (NYSE: ACI) is recognized as a strong investment opportunity following its robust Q2 2026 performance, which includes steady sales growth and improved profitability [3][4] - Tigress Financial Partners has raised the price target for Albertsons to $29.00, reflecting confidence in the company's growth trajectory and digital transformation efforts [3] Financial Performance - Albertsons reported annual revenue of approximately $81.37 billion, with a year-over-year revenue increase of 2.08% [3] - The company maintains a market capitalization of $10.85 billion and offers a dividend yield of 3.04% [3][5] - The current quarterly dividend is set at $0.15 per share [5] Growth Drivers - The growth of Albertsons is attributed to advancements in AI-powered digital sales, an expanding loyalty program, and a high-margin retail media business [4] - The Albertsons Media Collective is identified as a significant long-term growth catalyst, expected to enhance revenue and margins through data monetization and omnichannel expansion [4] Strategic Initiatives - Albertsons has approved a $750 million accelerated share repurchase plan, indicating a commitment to returning value to shareholders [5] - The company is focused on growth investments, including enhancing digital capabilities, opening new locations, and upgrading existing stores [5]