Wells Fargo Maintains Overweight Rating for Casey's General Stores: Here's What You Need To Know

Wells Fargo has decided to maintain its Overweight rating of Casey's General Stores CASY and raise its price target from $260.00 to $285.00.

Shares of Casey's General Stores are trading up 2.68% over the last 24 hours, at $273.26 per share.

A move to $285.00 would account for a 4.3% increase from the current share price.

About Casey's General Stores

Casey's General Stores Inc owns and operates over 2,500 convenience stores in multiple Midwestern states of the U.S. The stores provide self-service gasoline, grocery items, and processed foods such as pizza, donuts, and sandwiches. Casey's operates its own distribution centres, delivering its in-store products and fuel supplies. The company owns of its real estate, including nearly all of the stores, distribution centres, and some of its subsidiaries' facilities. More than half of the company's stores are located in areas with populations of fewer than 5,000 people.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.