RBC: ACI's stock price may reach $21 if the Kroger merger fails

Generated by AI AgentMarket Intel
Monday, Oct 14, 2024 11:30 pm ET1min read
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RBC analyst Steven Shemesh said that if the $24.6bn deal to sell grocery company Albertsons (ACI.US) to rival Kroger (KR.US) is blocked by a court, then Albertsons' stock could hit $21. Shares closed at $18.26 on Monday.

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