KeyBanc raised the firm’s price target on Casey’s General Stores (CASY) to $550 from $500 and keeps an Overweight rating on the shares. The firm says Casey’s General Stores remains one of our top ideas for 2025 and beyond. The company reported strong Q4 results driven by strong fuel margins and market share gains. While Q4 results were negatively impacted by poor weather in February and lapping Leap Day, the underlying business has favorable momentum. Looking ahead, KeyBanc notes Casey’s General Stores is positioned to drive 10%-12% EBITDA growth, while generating substantial free cash flow, and implied FY26 EPS guidance spans consensus. As a result, the firm sees Casey’s General Stores as a core growth holding.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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 price target raised to $540 from $460 at Wells Fargo
- 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