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Casey’s General downgraded to Market Perform from Outperform at BMO Capital

BMO Capital analyst Kelly Bania downgraded Casey’s General Stores to Market Perform from Outperform with an unchanged price target of $290. The analyst cites valuation for the downgrade with the shares nearing the price target. Expectations now may be reaching a territory that leaves fuel margins little room for error, the analyst tells investors in a research note.

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