BMO Capital Downgrades Casey's General Stores to Market Perform, Announces $290 Price Target
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Kelly Bania has downgraded Casey's General Stores (NASDAQ: CASY) from Outperform to Market Perform and set a price target of $290.
December 08, 2023 | 10:14 am
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BMO Capital downgraded Casey's General Stores from Outperform to Market Perform and set a price target of $290.
Downgrades by analysts can lead to a negative perception among investors, potentially causing a short-term decline in the stock price. The new price target of $290 provides a reference point for investors, but the downgrade is the primary driver of the expected negative impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100