Wells Fargo raised the firm’s price target on Casey’s General Stores (CASY) to $460 from $455 and keeps an Overweight rating on the shares. The firm notes the company delivered a solid Q3 beat against a tough c-store backdrop and raised 2025 guide. Trends slowed quarter-to-date on weather/calendar, but underlying momentum remains intact, Wells adds. The firm sees a strong 2026 on deck as the company outperforms its three-year plan.
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Read More on CASY:
- Cautious Hold Rating on Casey’s General Amid Strong Earnings and Valuation Concerns
- Casey’s General Stores Reports Stable Q3 Performance
- Casey’s General Stores: Mixed Earnings Call Insights
- Morning Movers: iRobot plunges following Q4 results
- Casey’s General Stores price target raised to $438 from $430 at RBC Capital
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