Casey’s General Stores price target raised to $268 from $263 at RBC Capital

RBC Capital analyst Irene Nattel raised the firm’s price target on Casey’s General Stores to $268 from $263 but keeps a Sector Perform rating on the shares. The analyst is positive on the company’s recent investor meetings, highlighting its normalizing labor pressures, healthy M&A activity, improving permitting and construction backdrop, and sustainability of fuel margins at higher level than pre-pandemic. The firm adds however that its neutral stance reflects the stock’s "relative forecasted returns".