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Fly News Breaks for January 13, 2017
WMT, CORE
Jan 13, 2017 | 09:36 EDT
Stephens analyst Ben Bienvenu raised his price target for Core-Mark (CORE) to $49 from $41 as he continues to believe that it represents one of his "most compelling" compounding growth stories on his coverage list. The analyst says management continues to deliver consistent organic growth, and notes the company's recent contract win with Wal-Mart (WMT) suggests that Core-Mark's distribution model can add value to even the largest of retailers. He reiterates an Overweight rating on Core-Mark's shares.