Analyst Michael Van Aelst from TD Cowen maintained a Buy rating on Alimentation Couche-Tard Inc and increased the price target to C$89.00 from C$85.00.
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Michael Van Aelst has given his Buy rating due to a combination of factors including the encouraging momentum seen in the US and European markets. The company’s strong execution has been a significant driver of this positive outlook.
Additionally, the recent model update and full financial disclosures for Q2/25 have provided further confidence in the company’s performance and future prospects. These elements collectively support the Buy rating, reflecting a positive view on the stock’s potential for growth.
In another report released today, Stifel Nicolaus also maintained a Buy rating on the stock with a C$85.00 price target.