JP Morgan Downgrades Casey's General Stores to Underweight, Raises Price Target to $337
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst John Royall has downgraded Casey's General Stores from Neutral to Underweight, while raising the price target from $300 to $337.
September 19, 2024 | 1:11 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan has downgraded Casey's General Stores from Neutral to Underweight, indicating a less favorable view on the stock. However, the price target has been raised to $337, suggesting potential upside.
The downgrade to Underweight suggests a negative outlook, which could pressure the stock price. However, the raised price target to $337 indicates some expected upside, creating mixed signals for investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100