Benchmark analyst John Lawrence raised the firm’s price target on Casey’s General Stores to $275 from $230 and keeps a Buy rating on the shares after the company released Q2 earnings that came in higher than he expected on strong gas margins and inside store sales that were ahead of his forecast. He is raising his FY23 EPS estimate to $11.45 following the report and continues to recommend purchase of the shares.
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Read More on CASY:
- Casey’s General Stores price target raised to $291 from $286 at Deutsche Bank
- Casey’s General Stores downgraded to Neutral from Buy at Northcoast
- Casey’s General Stores price target raised to $263 from $256 at RBC Capital
- Casey’s (NASDAQ:CASY) Reports Mixed Q2 Results; Ups Guidance
- Casey’s General Stores sees FY23 same-store inside sales 5%-7%.