Deutsche Bank analyst Krisztina Katai raised the firm’s price target on Casey’s General Stores to $294 from $285 and keeps a Buy rating on the shares. The company reported "very strong" fiscal Q3 results with most key metrics either in line to better than expected, the analyst tells investors in a research note. The analyst views Casey’s grocery gross margins as sustainable in the 33% range and is "incrementally more positive" post the report.
Published first on TheFly
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