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Add as a preferred source on GoogleBank of America Downgrades Albertsons After Fiscal Second-Quarter Results
The bank sees potential pressure on the grocer’s earnings power and valuation over the next 12 to 18 months.
Bank of America downgraded Albertsons Companies after the grocery chain released fiscal second-quarter results, citing potential pressure on its earnings power and valuation over the next 12 to 18 months.
John Kim
John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.