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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Read More on CASY:
- Casey’s General Stores sees FY24 adjusted EBITDA growth in line with target
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