Casey's General Stores (CASY) PT Raised to $445 at Jefferies

Momentum 'too good to ignore' in this stock

Wells Fargo analysts remain bullish on a convenience store stock despite acknowledging a stretched valuation, citing the company's impressive momentum and strong execution.

In a note, the firm said Casey's General Stores' (NASDAQ: CASY) momentum is "too good to ignore." The firm maintained an Overweight rating on the stock, lifting the target to $415 from $340, highlighting several factors supporting their bullish rating.

"CASY's FQ4 underscored strong... More

Casey's General Stores (CASY) PT Raised to $405 at Evercore ISI

Evercore ISI analyst Michael Montani raised the price target on Casey's General Stores (NASDAQ: CASY) to $405.00 (from $370.00) while maintaining a Outperform rating.

The analyst comments "Caseys is leaning into its crave worthy prepared meals at a compelling value in light of relatively aggressive pricing taken by key QSR... More

Casey's General Stores (CASY) PT Raised to $415 at Wells Fargo

Wells Fargo analyst Anthony Bonadio raised the price target on Casey's General Stores (NASDAQ: CASY) to $415.00 (from $340.00) while maintaining a Overweight rating.

The analyst comments "Hard to Knock Standout FQ4 Beat: CASY delivered an impressive 34% ($0.59/sh) FQ4 EPS beat, with... More

Casey's General Stores (CASY) PT Raised to $420 at Deutsche Bank

Deutsche Bank analyst Paul Trussell raised the price target on Casey's General Stores (NASDAQ: CASY) to $420.00 (from $375.00) while maintaining a Buy rating.

The analyst comments "CASY delivered knockout 4Q results with particular strength in fuel profitability and prepared foods, and the FY25 outlook points to continued business momentum. In... More

Midday movers: Apple, Oracle, Zillow rise; Rubrik falls

(Updated - June 12, 2024 11:42 AM EDT)

Investing.com -- U.S. stock futures rose Wednesday following the release of inflation data that showed stable consumer prices in May, paving the way for potential rate cuts from the Federal Reserve later this year. The FOMC will likely leave its main rate unchanged at the conclusion of its policy setting meeting this afternoon. In light of recent data, investors will parse comments from Chairman Jerome Powell for clues about the timing of the expected rate cuts.

Here are some of the biggest U.S. stock movers... More

Casey's General Stores (CASY) PT Raised to $361 at RBC Capital

RBC Capital analyst Irene Nattel raised the price target on Casey's General Stores (NASDAQ: CASY) to $361.00 (from $322.00) while maintaining a Sector Perform rating.

The analyst comments "CASY ended F24 on a strong note with FQ4 EPS $2.34, +57% Y/Y and ~36% above consensus $1.72 (range: $1.40 $1.88, RBCe $1.53). Fuel... More

After-hours movers: Oracle, Rubrik, GameStop and more

After-Hours Stock Movers:

Oracle (NYSE: ORCL) rose 7.75% despite reporting quarterly EPS that was slightly below consensus estimates. It also announced that Oracle, Microsoft, and OpenAl are partnering to extend the Microsoft Azure Al platform to Oracle Cloud Infrastructure to... More

Casey's General Stores (CASY) Tops Q4 EPS by 63c

Casey's General Stores (NASDAQ: CASY) reported Q4 EPS of $2.34, $0.63 better than the analyst estimate of $1.71. Revenue for the quarter came in at $3.6 billion versus the consensus estimate of $3.47 billion.

Fiscal 2025 Outlook:

Casey's expects the following performance during fiscal 2025. The... More

Casey's (CASY) Announces Public Accounting and Governance Leader Maria Castañón Moats to Join its Board of Directors on July 1, 2024

Caseys General Stores, Inc. (Nasdaq: CASY), the third largest convenience retailer and fifth largest pizza... More