RBC Capital analyst Irene Nattel raised the firm’s price target on Casey’s General Stores to $263 from $256 but keeps a Sector Perform rating on the shares. The company’s Q2 results were "solid" and underscore the resiliency of its business model and sector, the analyst tells investors in a research note. Nattel adds however that her neutral stance on Casey’s General Stores reflects the stock’s "relative valuation".
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Published first on TheFly
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Read More on CASY:
- Casey’s (NASDAQ:CASY) Reports Mixed Q2 Results; Ups Guidance
- Casey’s General Stores sees FY23 same-store inside sales 5%-7%.
- Casey’s General Stores reports Q2 EPS $3.67, consensus $3.16
- Casey’s General Stores price target raised to $260 from $245 at Wells Fargo
- Casey’s General Stores price target raised to $286 from $269 at Deutsche Bank