Casey’s General Stores, Inc. (CASY) has been named one of the “13 Best Long Term Low Risk Stocks to Buy Now.” KeyBanc Capital Markets increased its price target on CASY to $680 from $650, citing positive business outlook. RBC Capital Markets also raised its price target to $662 from $591, emphasizing strong momentum and stable demand.

In the latest financial report, Casey’s CEO announced a 14% increase in net income to $206 million, with diluted earnings per share at $5.53. EBITDA rose to $410 million, a 17.5% year-over-year increase. The company saw growth in prepared foods, dispensed beverages, grocery, and general merchandise margins, driven by higher store traffic and effective merchandising.

Casey’s General Stores, Inc. operates around 2,900 convenience stores across 19 states, offering fuel, grocery items, and freshly prepared food. While CASY shows investment potential, other AI stocks may offer greater upside with less downside risk. Investors seeking undervalued AI stocks should explore options beyond Casey’s.

Read more at Yahoo Finance: Casey’s General Stores, Inc. (CASY) Draws Price Target Hikes From KeyBanc and RBC Capital