Casey’s General Stores price target lowered to $342 from $345 at Evercore ISI

Evercore ISI lowered the firm’s price target on Casey’s General Stores to $342 from $345 and keeps an Outperform rating on the shares. The firm marks to market fuel profit after Casey’s reported Q3 results that reflected solid topline growth, positive traffic and inside store margin expansion. The firm sees share gain, M&A potential, and pricing power in prepared meals supporting the multiple, the analyst tells investors.