Albertsons gains amid Wells Fargo upgrade on `Plan B' if Kroger deal fails

Oct. 18, 2024 9:33 AM ETAlbertsons Companies, Inc. (ACI) StockKRBy: Joshua Fineman, SA News Editor4 Comments
(2min)
Top Grocery Retailer Kroger To Acquire Rival Albertsons For $24.6 Billion

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Albertsons (NYSE:ACI) rose 2.7% after Wells Fargo raised its rating to overweight as the firm sees a "compelling value opportunity" as the resolution of its sale to Kroger (KR) nears its conclusion.

"While the company has been bogged down by the

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