Casey’s General Stores (CASY) – Among the 10 Best July Dividend Stocks to Buy

Casey's General Stores, Inc. (NASDAQ:CASY) will trade ex-dividend on July 31, putting it among the 10 Best July Dividend Stocks to Buy.

On June 25, RBC Capital raised its price recommendation on Casey's General Stores, Inc. (NASDAQ:CASY) to $850 from $794. It reiterated a Sector Perform rating on the stock. The firm said the company's Investor Day struck a constructive tone and highlighted the strength of its senior leadership team. It also gave analysts a chance to refine their expectations for key performance metrics, especially new store development. In a research note, RBC said the assumptions supporting Casey's projected 8% to 10% EBITDA compound annual growth rate through fiscal 2029 appear achievable, backed by the company's strong momentum, growth drivers, and planned investments.

On the same day, Goldman Sachs raised its price goal on CASY to $795 from $695. It kept a Neutral rating on the shares. The firm said Casey's target of 8% to 10% EBITDA growth should be achievable and could even prove conservative. In a research note, Goldman Sachs said management has executed its flywheel growth strategy effectively and used the company's scale to balance volume and margin grow

Fuente original: Yahoo Finance (https://finance.yahoo.com/markets/stocks/articles/casey-general-stores-casy-among-202400173.html)