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

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 $400 at BMO Capital

BMO Capital analyst Keely Bania raised the price target on Casey's General Stores (NASDAQ: CASY) to $400.00 (from $305.00) while maintaining a Market Perform rating.

The analyst commented, "CASY's F4Q24 and F25 guidance highlighted the resilience of Casey's model, especially in light of weakening data... More

Casey's General Stores (CASY) PT Raised to $410 at Benchmark

(Updated - June 13, 2024 6:53 AM EDT)

Benchmark analyst John Lawrence raised the price target on Casey's General Stores (NASDAQ: CASY) to $410.00 (from $350.00) while maintaining a Buy rating.

The analyst commented: "The company reported 4Q24 and FY2024 results with sales and earnings above... More

Casey's General Stores (CASY) PT Raised to $335 at Goldman Sachs

(Updated - June 13, 2024 8:25 AM EDT)

Goldman Sachs analyst Bonnie Herzog raised the price target on Casey's General Stores (NASDAQ: CASY) to $335.00 (from $280.00) while maintaining a Neutral rating.

The analyst comments "CASY rounded out an impressive FY24 with a healthy FQ4 EPS beat ($2.34, +56%... 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

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

Jefferies analyst Corey Tarlowe raised the price target on Casey's General Stores (NASDAQ: CASY) to $445.00 (from $342.00) while maintaining a Buy rating.

The analyst comments "CASY reported strong top- and bottom-line results, with 4Q revenue, adjusted EBITDA, and EPS beating Street ests. GM across... 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