Stephens analyst Ben Bienvenu lowered his price target for Core-Mark to $39 from $49 following Q4 results. While the FY17 earnings guide was below estimates, the analyst believes expectations are appropriately reset and the market can refocus on the company's solid organic growth profile and pipeline of incremental contracts/acquisitions. He continues to believe that Core-Mark offers investors a compelling, defensive growth vehicle as the company continues to gain market share with its successful go to market strategy. Bienvenu reiterates an Overweight rating on the shares.