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.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on CASY:
- Casey’s General Stores sees FY24 adjusted EBITDA growth in line with target
- Casey’s General Stores reports Q2 EPS $4.24, consensus $3.80
- Notable companies reporting after market close
- Options Volatility and Implied Earnings Moves Today, December 11, 2023
- Options Volatility and Implied Earnings Moves This Week, December 11 – December 15, 2023