Casey’s General Stores price target raised to $540 from $460 at Wells Fargo

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.