Evercore ISI Reaffirms Their Buy Rating on Casey’s General (CASY)
In a report released today, Michael Montani from Evercore ISI reiterated a Buy rating on Casey’s General, with a price target of $775.00.
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Montani covers the Consumer Defensive sector, focusing on stocks such as Kroger Company, Sprouts Farmers, and Dollar General. According to TipRanks, Montani has an average return of 1.3% and a 57.61% success rate on recommended stocks.
In addition to Evercore ISI, Casey’s General also received a Buy from TipRanks – DeepSeek’s DeepSeek Specialty Retail in a report issued on April 2. However, on March 31, TipRanks – Anthropic downgraded Casey’s General (NASDAQ: CASY) to a Hold.
Based on Casey’s General’s latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $3.92 billion and a net profit of $130.07 million. In comparison, last year the company earned a revenue of $3.9 billion and had a net profit of $87.1 million
Based on the recent corporate insider activity of 38 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of CASY in relation to earlier this year. Last month, Katrina S Lindsey, the CLO of CASY sold 200.00 shares for a total of $136,608.00.
Read More on CASY:
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