Goldman Sachs raised the firm’s price target on Casey’s General Stores (CASY) to $530 from $490 and keeps a Neutral rating on the shares. The company delivered an impressive set of Q2 EPS results that were ahead of both the firm’s and consensus estimates, reflecting stronger-than-expected fuel margins and healthy inside margin delivery, the analyst tells investors in a research note. The firm continues to believe that Casey’s has done a very good job of executing on its growth strategy while also leveraging its scale advantage to balance volume growth and margins.
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