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Alimentation Couche-Tard's stock target drops, but analysts still recommend buying the convenience store giant.
Alimentation Couche-Tard, a global convenience store operator, has seen its stock price target reduced by multiple financial firms including CIBC and BMO Capital Markets, though they still maintain a "buy" or "outperform" rating, suggesting potential upside.
The company reported better-than-expected earnings recently, with EPS of $0.68 and revenue of $20.90 billion.
Couche-Tard operates in North America, Europe, and Asia, selling a variety of products and services.
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Alimentation Couche-Tard baja el objetivo de stock, pero los analistas todavía recomiendan comprar el gigante de la tienda de conveniencia.