Casey's General Stores (CASY) PT Raised to $485 at Jefferies
Get Alerts CASY Hot Sheet
Price: $713.65 +2.66%
Rating Summary:
22 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 11 | New: 48
Rating Summary:
22 Buy, 7 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 12 | Down: 11 | New: 48
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Jefferies analyst Corey Tarlowe raised the price target on Casey's General Stores (NASDAQ: CASY) to $485.00 (from $470.00) while maintaining a Buy rating.
The analyst comments "CASY reported solid Q2 results, with inside margins expanding and opex lower-than-expected. Looking ahead, mgmt raised its EBITDA guidance despite anticipating additional deal and integration costs from the Fikes transaction. We believe the business remains well-positioned to continue to gain fuel/inside sales market share and are encouraged by the potential synergies related to the Fikes deal. PT to $485."
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