Casey's General Stores (CASY) PT Raised to $445 at Jefferies

Jefferies analyst Corey Tarlowe raised the price target on Casey's General Stores (NASDAQ: CASY) to $445.00 (from $342.00) while maintaining a Buy rating.

The analyst comments "CASY reported strong top- and bottom-line results, with 4Q revenue, adjusted EBITDA, and EPS beating Street ests. GM across all three segments expanded. Fuel SSS increased, with 4Q cpg of 36.5 and May cpg in low 40s. Looking ahead, we believe the business remains well-positioned to continue to gain fuel/inside sales market share and expand its white space through acquisitions and construction backed by its strong balance sheet. Reit Buy and raising PT to $445."

You May Also Be Interested In

• Incyte (INCY) PT Raised to $105 at Truist Securities
• Regenxbio Inc. (RGNX) PT Raised to $32 at Baird
• Morgan Stanley on Exelixis (EXEL): today's update 'mixed-to-negative at the margin'