As previously reported, Gordon Haskett analyst Chuck Grom upgraded Casey’s General Stores (CASY) to Buy from Hold with a price target of $500, up from $410, ahead of Casey’s Q3 report due in early March. The firm’s upgrade is predicated on both updated near-term data reads, suggesting upside for the quarter, as well as its high-level view of the business, the analyst tells investors. The firm raised its Q3 EPS forecast to $2.10 from $1.79 and its FY25 and FY26 EPS forecasts to $14.30 and $16.20, respectively, the analyst noted.
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