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Fly News Breaks for March 9, 2018
CASY
Mar 9, 2018 | 07:59 EDT
BMO Capital analyst Kelly Bania lowered her price target on Casey's General Stores to $105 after "another weak quarter", saying the company's initiatives to re-accelerate comps may not pan out until FY20-21. Given that Casey's is pulling back on some initiatives and slowing replacement activity, Bania warns that comps growth is yet to bottom. The analyst keeps her Market Perform rating on Casey's General Stores.
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