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Stock impact report

Casey's General Stores Stock Gains Another Bull [Yahoo! Finance]

Caseys General Stores, Inc. (CASY) 
Last caseys general stores, inc. earnings: 3/9 04:13 pm Check Earnings Report
US:NASDAQ Investor Relations: caseys.com/investor-relations
Company Research Source: Yahoo! Finance
KeyBanc initiated coverage of Casey's General Stores with an "overweight" rating and $500 price target Thursday, suggesting 9% upside from Friday's close. Shares added over 4% Friday amid broader market gains and have risen nearly 50% over the past year. Casey's General Stores ( CASY ) has gained another bull. KeyBanc Capital Markets on Thursday initiated coverage of the Iowa-based gas station and convenience store chain at "overweight" with a $500 price target. It is the highest of the five current price targets tracked by Visible Alpha, which has a consensus of $468.50. Casey's General Stores shares added over 4% Friday to close at $457.25 amid broader market gains . They have risen nearly 50% over the past year. KeyBanc analysts wrote that Casey's may scoop up more competitors—it has acquired nearly 470 stores in the past five years—and bolster their sales by introducing pizza and prepared foods. "Looking forward, we see balanced growth driven from organic store openings Show less Read more
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