- BMO Capital analyst Kelly Bania lowered the price target on Albertsons Companies Inc (NYSE:ACI) to $24 from $26 and maintained an Underperform rating on the shares.
- The analyst thinks there is a higher chance that consumer headwinds and signs of trade-down on value could hamper the company’s earnings.
- The analyst also warned about the impact of a possible wave of wage investments for unionized grocers on Albertsons’ earnings.
- Price Action: ACI shares are trading lower by 0.26% at $26.35 on the last check Friday.
CorVel Q3 EPS $0.96 Up From $0.76 YoY, Sales $179.39M Up From $164.51M YoY
CorVel (NASDAQ:CRVL) reported quarterly earnings of $0.96 per share. This is a 26.32 percent increase over earnings of $0.76 per share from the same period last year. The company reported $179.39 million in sales this