Evercore ISI Group Maintains Outperform on Casey's General Stores, Lowers Price Target to $350
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Michael Montani maintains an Outperform rating on Casey's General Stores (CASY) but lowers the price target from $355 to $350.

April 02, 2024 | 2:28 pm
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NEUTRAL IMPACT
Evercore ISI Group maintains an Outperform rating on Casey's General Stores but lowers the price target from $355 to $350.
The adjustment in price target by Evercore ISI Group, while maintaining an Outperform rating, suggests a slight recalibration of expectations rather than a fundamental shift in the company's outlook. The reduction in price target might reflect minor concerns or adjustments in valuation models, but the continued Outperform rating indicates a positive view on the company's future performance. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100