Caseys General Stores, Inc.

• CASY Stock Price 24h change: -1.13%. From 625.42 USD to 618.37 USD. The stock experienced a slight pullback in the current session despite maintaining strong long-term momentum and recent upward revisions in analyst earnings estimates.
• Technical indicators present a mixed but generally bullish outlook: the 200-day Simple Moving Average (SMA) is at 516.19, providing a strong "Buy" signal, while the Relative Strength Index (RSI) of 79.87 indicates the stock is in overbought territory, suggesting potential short-term consolidation. MACD (18.61) also signals a possible trend exhaustion after a 15% gain over the last 10 trading days.
• Casey’s and Monster Energy partnered on January 20 to launch exclusive "Ultra Red, White & Blue Razz" drinks for America’s 250th anniversary, aiming to drive store traffic through unique beverage offerings.
• BNP Paribas initiated coverage on CASY with an "Outperform" rating and a $730 price target on January 21, citing the company's resilient food-focused strategy and strong unit growth potential.
• KeyBanc analysts raised their price target for CASY to $650 from $600 on January 15, highlighting the retailer's ability to maintain high fuel margins while growing inside-store sales.
• The convenience store sector is shifting toward an "experience-driven" model according to a NACS report on January 21, with AI adoption becoming a strategic necessity for operational efficiency and food forecasting.
• US retail sales data released in mid-January shows a 5.6% year-over-year increase, but industry forecasts predict store closures will outpace openings in 2025 due to restructuring in broader brick-and-mortar retail.

• CASY Stock Price 24h change: +0.47%. From 640.41 USD to 643.43 USD. The stock reached a new 52-week high of 647.99 USD during the session, supported by a recent price target hike to 650 USD by KeyBanc and positive momentum following strong Q2 earnings results.
• From a technical perspective, the stock is in a "strong bullish" phase: CASY is trading above its 20-day, 50-day, and 200-day moving averages, signaling a robust upward trend. However, the RSI (14) has reached 79.87 and the Stochastic Oscillator is at 95.6, indicating the stock is currently in overbought territory and may face a short-term consolidation.
• BNP Paribas Exane initiated coverage on Casey's with an "Outperform" rating and a price objective of 730 USD, citing long-term growth potential in rural markets and prepared food innovation.
• KeyBanc analysts raised their price target for CASY to 650 USD from 600 USD, maintaining an "Overweight" rating as the company continues to outperform earnings estimates.
• Casey's launched a new "Barn Burner" chicken pizza in collaboration with Chef Andrew Zimmern, part of its strategy to drive high-margin prepared food sales.
• Sunoco LP announced the acquisition of 36 convenience stores from Pops Mart Fuel across North and South Carolina, continuing the trend of aggressive consolidation in the fuel distribution and c-store sector.
• Stewart's Shops, a regional competitor, is acquiring the Dexter Market in New York, highlighting ongoing M&A activity among family-owned operators in the convenience retail industry.