The Latest Breaking News from Albertsons Companies Inc

Telsey Advisory analyst Joseph Feldman has maintained Outperform rating on Albertsons Companies Inc (NYSE: ACI) with a $37.00 price target (5% upside). The analyst notes that the favorable macro trends, continued shift to healthy lifestyles, and benefits of a hybrid work environment would be positive for the company’s Q4 earnings. Feldman infers a strong business momentum…

Lingering supply crunch and soaring inflation have increased the odds of the Fed raising interest rates aggressively later this year, which could dampen corporate earnings. Moreover, as the GDP is estimated to be lower than the prior estimate, many analysts expect the economy to witness recessionary pressure. Therefore, it could…

Albertsons Companies Inc (NYSE:ACI) customers can use supplemental benefits to purchase over-the-counter medications and fresh produce in the company's stores. The program provides access to customers using pre-paid cards funded by Medicare Advantage plans, employer incentives, healthcare providers, or local governments. The company has partnered with technology payments platforms such as Solutran's S3…

Cue Health Inc (NASDAQ:HLTH) has partnered with Albertsons Companies Inc (NYSE:ACI) for COVID-19 test kits. The partnership will provide Cue’s molecular COVID-19 tests at participating Albertsons pharmacies across the country. Customers will get their test results delivered to their email in 20 minutes. The companies piloted this in-pharmacy COVID-19 testing program last fall in 40…