RBC Capital analyst Irene Nattel raised the firm’s price target on Casey’s General Stores to $305 from $296 and keeps a Sector Perform rating on the shares. The company’s Q3 earnings beat again underscores the resiliency of its business model and the sustainability of gas margins, the analyst tells investors in a research note. RBC added that the strength in Prepared Food category highlights Casey’s as a “strong value-conscious home meal solution”.
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