Shares of Albertsons have zipped higher in recent weeks after a downbeat outlook weighed down the grocer's stock. An analyst's upgrade has them moving even higher today. 

Albertsons Cos. (ACI) shares were recently up more than 2%, leaving them not far off early April year-to-date highs and well above lows seen later last month after the company turned in a 2025 profit outlook that was 澳洲幸运5官方开奖结果体彩网:weaker than expected. (Read Investopedia's full coverage of 澳洲幸运5官方开奖结果体彩网:today's trading here.)

Investors have had plenty of reasons to re-evaluate Albertsons lately, with the company replacing its CEO in March. That move came after a planned merger with Kroger (KR) was 澳洲幸运5官方开奖结果体彩网:shot down by regulators. 

Late yesterday, BMO analysts offered up more reasons for bullishness as they upgraded the stock to "outperform" from "market perform"—essentially, to "buy" from "neutral"—and set a $25 target price, 14% above Tuesday's close, on the shares. Wall Street's average target is a bit below $24, according to Visible Alpha.

Albertsons "may see valuation expansion from low levels as investors seek cheap, defensive stocks in [the second half of 2025]," BMO wrote, adding that earnings expectations appear "appropriately low with margins nearly back to 2019 levels."