The Globe and Mail reports in its Tuesday, Nov. 18, edition that National Bank Financial analyst Vishal Shreedhar has reaffirmed his "outperform" recommendation for Alimentation Couche-Tard. The Globe's David Leeder writes in the Eye On Equities column that Mr. Shreedhar lowered his share target to $83 from $84. Analysts on average target the shares at $86.11. Mr. Shreedhar says in a note: "We expect U.S. merchandising trends to be consistent quarter-over-quarter, partly reflecting an easier comparable base and market share gains, partly offset by concerns about consumer softness. We anticipate positive Canada merchandising trends, largely reflecting ongoing optimization initiatives and promo. We expect resilient Europe and other merchandising trends primarily reflecting stable Europe performance and improvements in Asia. We model a U.S. fuel margin delta of four cents per gallon vs. OPIS and a Canada fuel margin delta of Canadian 3.3 cents per litre vs. Kalibrate based on our proprietary calculations." The Globe reported on Sept. 5 that Stifel analyst Martin Landry haf reaffirmed his "buy" recommendation for Alimentation Couche-Tard. It was then worth $74.11.