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Fly News Breaks for December 13, 2018
CASY
Dec 13, 2018 | 09:38 EDT
BMO Capital analyst Kelly Bania raised her price target on Casey's General Stores to $130 after its Q2 results, saying that its earnings beat was driven by higher margins. The analyst also cites a "near-term stability in comps and ongoing execution of the value creation plan" by the company but warns that the Prepared Food category is faced with risk in the longer term because of the "lack of on-trend fresh food offerings". Bania keeps her Market Perform rating on Casey's General.
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