Casey’s Shares Move Lower Ahead of Results, With Margin Uncertainty in Focus
Casey’s General Stores shares fell 1.9% to $809.41 in early trading Tuesday, even as Wells Fargo raised its price target to $910. The drop came as U.S. indexes climbed, with the S&P 500 up 0.6% and the Nasdaq hitting a record. Wells Fargo warned of a possible fourth-quarter EPS miss due to weaker fuel margins. Casey’s will report fiscal Q4 and full-year results after the bell on June 9.