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Casey’s General Stores price target raised by $35 at Stephens, here’s why
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Casey’s General Stores price target raised by $35 at Stephens, here’s why

Stephens analyst Ben Bienvenu raised the firm’s price target on Casey’s General Stores to $340 from $305 and keeps an Overweight rating on the shares after the company reported fiscal Q2 results. Casey’s team raised guidance for inside store same-store sales to reflect year-to-date performance and total EBITDA is now expected to grow for FY24 between 8%-10%, which the firm thinks “remains conservative.”

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