Stock Groups

BMO downgrades grocery chain Albertsons, says rising wages may hit profit margins

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An Albertsons customer shops in San Diego with a protective mask, June 22nd, 2020.

Bloomberg – Getty Images| Bloomberg | Getty Images

Investors need to be cautious about the recent rise in grocery chains AlbertsonsBMO Capital Markets says that the realization of rising inflation pressures could be imminent for the group.

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