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Casey’s General Stores price target raised to $338 from $337 at JPMorgan

JPMorgan analyst John Royall raised the firm’s price target on Casey’s General Stores (CASY) to $338 from $337 and keeps an Underweight rating on the shares. After marking to market the most recent margin and demand dynamics, the firm’s Q2 EPS estimate is $4.10, below the Street at $4.30, while its EBITDA forecast of $311M trails the Street at $325M, the analyst tells investors in a preview.

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