Alimentation Couche-Tard Price Target Lowered to C$103 at TD

08:07 AM EDT, 09/03/2026 (MT Newswires) -- TD Securities lowered its price target on Alimentation Couche-Tard Inc. (ATD.TO) to C$103 from C$110 on Thursday. Analyst Derek Lessard maintained a buy rating on shares of the Canadian multinational convenience and gas stop operator following its quarterly results on Wednesday. "The long-term outlook remains favourable, in our view, and we still expect ATD to outperform industry peers," Lessard said in a note to clients. "Near term, however, the shares could remain rangebound, with few catalysts present unless consumer health improves and/or fuel prices decline." (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)