Wells Fargo raised the firm’s price target on Casey’s General Stores (CASY) to $540 from $460 and keeps an Overweight rating on the shares. The firm notes the company delivered another impressive update against a difficult c-store backdrop. The stock isn’t cheap, but Wells sees another robust year ahead, upside to guidance, and good momentum into Q1. Casey’s General Stores continues to set itself apart from peers, the firm adds.
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Read More on CASY:
- Casey’s General Stores Reports Strong Fiscal Year Performance
- Casey’s General Stores Stock (CASY) Jumps 12% on News of Dividend Increase
- Casey’s General Stores reported ‘solid’ Q4, says RBC Capital
- Closing Bell Movers: Casey’s General jumps 9% after Q4 earnings beat
- Casey’s General Approves Executive Incentives and Equity Awards
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