Evercore ISI Sees Limited Upside in Albertsons (ACI) despite Target Increase

Albertsons Companies, Inc. (NYSE:ACI) is included among the 14 High Growth Dividend Paying Stocks to Invest in Now.

Evercore ISI Sees Limited Upside in Albertsons (ACI) despite Target Increase

On March 17, Evercore ISI analyst Michael Montani raised the firm’s price recommendation on Albertsons Companies, Inc. (NYSE:ACI) to $20 from $19. It reiterated an In Line rating on the shares.

On February 27, Albertsons announced the appointment of Brian Rice to its Board of Directors, effective February 25, 2026. The board now has 11 members. Mr. Rice brings more than 30 years of experience in global technology roles. His work has focused on digital transformation, technology modernization, and improving operations across well-known consumer brands. He currently serves as Executive Vice President and Global Chief Information Officer at McDonald’s Corporation. In that role, he is part of the executive leadership team and acts as the main liaison to the board on technology matters.

Before joining McDonald’s, he held senior leadership roles at several Fortune 500 companies, including Cardinal Health, Kellogg Company, General Motors, and Mars. He led enterprise technology teams, upgraded global systems, introduced large-scale platforms, and pushed digital-first strategies aimed at growth, efficiency, and customer engagement across global operations.

Albertsons Companies, Inc. (NYSE:ACI) is a food and drug retailer in the United States. The company runs stores that offer grocery products, general merchandise, health and beauty care items, pharmacy services, fuel, and other products and services, both in-store and through digital channels.

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