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Casey’s General Stores reported ‘solid’ Q4, says RBC Capital

RBC Capital keeps a Sector Perform rating and $468 price target on Casey’s General Stores (CASY), though the firm notes that the company’s Q4 results were “solid” and better than expected, with stronger than forecast gas margins. The stock continues to earn its valuation premium, underpinned by attractive inside-store mix, unit growth cadence, geographic concentration, and strong opex control, the analyst tells investors in a research note.

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