The Globe and Mail reports in its Friday, June 23, edition that Scotia Capital analyst George Doumet is sticking with his "sector outperform" call for Alimentation Couche-Tard. The Globe's David Leeder writes that Mr. Doumet bumped his share target ahead by $2 to $76. Analysts on average target the shares at $74.74. Mr. Doumet says in a note: "Looking for continued solid execution. We have updated our Q4 estimates to account for lower fuel margins and other assumptions (lower merchandise margins, offset by higher same-store sales in the U.S., etc.) and are modestly below consensus for the quarter. Additionally, we have reflected the recently announced acquisition of MAPCO in our estimates. We continue to prefer Alimentation Couche-Tard's defensive characteristics, improving M&A environment, and healthy balance sheet capacity to fund deals. Furthermore, current valuation, in our view, is undemanding in this environment (shares trading at 17.5 times P/E)." The Globe reported on April 4 RBC Capital analyst Irene Nattel rated Couche-Tard "outperform." The shares were then worth $66.43. The Globe reported on June 8 that Ms. Nattel said Couche-Tard was one of her best ideas. The shares were then going for $65.18.