KeyBanc last night initiated coverage of Casey’s General Stores (CASY) with an Overweight rating and $500 price target The convenience store industry remains highly fragmented, supporting a favorable 5- to 10-year runway for consolidation in the sector, the analyst tells investors in a research note. The firm believes the industry also has little direct tariff risk and exhibits insulation from recession risk. Casey’s is differentiated through its pizza offering, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CASY:
- Casey’s General Stores initiated with an Overweight at KeyBanc
- AMD downgraded, Dollar General upgraded: Wall Street’s top analyst calls
- Casey’s General Stores: Strategic Market Positioning and Growth Potential Justify Buy Rating
- Casey’s General Stores resumed with an Overweight at Stephens
- Casey’s General Stores price target raised to $460 from $455 at Wells Fargo
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue