Stephens analyst Ben Bienvenu reiterated an Overweight rating on Casey's General Stores and raised his price target to $137 from $124 following the company's Q1 results. In a research note to investors, Bienvenu says he was "encouraged" to see sequential acceleration of in-store same-store sales in addition to better than expected gross margins, and though quarter-to-date trends in PF&F were lighter through August, he notes that compares will ease significantly over the next few quarters. The analyst continues to view the setup favorable as Casey's progresses on its value creation plan, even after the recent move in shares.