JPMorgan analyst John Royall raised the firm’s price target on Casey’s General Stores (CASY) to $338 from $337 and keeps an Underweight rating on the shares. After marking to market the most recent margin and demand dynamics, the firm’s Q2 EPS estimate is $4.10, below the Street at $4.30, while its EBITDA forecast of $311M trails the Street at $325M, the analyst tells investors in a preview.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CASY:
- Casey’s General Stores price target raised to $454 from $451 at Deutsche Bank
- Casey’s General Expands with Major Acquisition and Growth
- Roblox, Peloton upgraded: Wall Street’s top analyst calls
- Casey’s General Stores initiated with a Hold at Gordon Haskett after 44% rally
- Casey’s General Stores initiated with a Hold at Gordon Haskett