Market Overview: Wall Street experienced a downturn on October 9, 2025, amid concerns over AI-led growth, recession fears, and an impending government shutdown, despite positive earnings from Delta Air Lines.
Investment Strategy: Investors are advised to consider low-leverage stocks as safer options during market volatility, with recommendations including ResMed Inc., Safran, Pentair, Casey's General Stores, and Leonardo DRS, Inc.
Understanding Leverage: Leverage refers to the use of borrowed capital for business operations, and a lower debt-to-equity ratio is preferred to minimize financial risk, especially in economic downturns.
Stock Recommendations: The article highlights five stocks with low debt-to-equity ratios that have shown solid earnings growth, emphasizing their potential for steady returns in uncertain market conditions.
Wall Street analysts forecast CASY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CASY is 609.33 USD with a low forecast of 530.00 USD and a high forecast of 700.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
Wall Street analysts forecast CASY stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for CASY is 609.33 USD with a low forecast of 530.00 USD and a high forecast of 700.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Buy
4 Hold
0 Sell
Moderate Buy
Current: 618.810
Low
530.00
Averages
609.33
High
700.00
Current: 618.810
Low
530.00
Averages
609.33
High
700.00
Northcoast
Charles Cerankosky
Buy -> Neutral
downgrade
2026-01-21
New
Reason
Northcoast
Charles Cerankosky
Price Target
AI Analysis
2026-01-21
New
downgrade
Buy -> Neutral
Reason
Northcoast analyst Charles Cerankosky downgraded Casey's General Stores to Neutral from Buy.
BNP Paribas
Outperform
initiated
$730
2026-01-20
New
Reason
BNP Paribas
Price Target
$730
2026-01-20
New
initiated
Outperform
Reason
BNP Paribas initiated coverage of Casey's General Stores with an Outperform rating and $730 price target.
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BofA
NULL -> Buy
initiated
$700
2026-01-09
Reason
BofA
Price Target
$700
2026-01-09
initiated
NULL -> Buy
Reason
BofA initiated coverage of Casey's General Stores with a Buy rating and $700 price target. The firm's target multiple is set at a premium to convenience store peers as BofA argues that it is "worth paying for" given Casey's focus on higher margin foodservice and consistent EBITDA growth. Casey's is one of three c-store peers to achieve 8%-plus EBITDA over the one, five and ten-year periods, the analyst noted.
Deutsche Bank
NULL
to
Buy
initiated
$688
2026-01-08
Reason
Deutsche Bank
Price Target
$688
2026-01-08
initiated
NULL
to
Buy
Reason
Deutsche Bank resumed coverage of Casey's General Stores with a Buy rating and $688 price target. The firm resumed coverage of the broadlines and food retailers. Deutsche expects 2026 to be another "mixed year," characterized by food disinflation, reduced government benefits, and consumers' value focus extending into the new year. The analyst says that while defensive sectors such as food retail could face a challenging setup, "there are tailwinds on the horizon," including a sizable stimulus in the first half of 2026.
About CASY
Casey’s General Stores, Inc. and its subsidiaries operate approximately 2,900 convenience stores in 19 states. It offers self-service fuel, a wide selection of grocery items and an array of freshly prepared food items. All convenience stores carry a selection of food items (which at most stores include freshly prepared foods, such as regular and breakfast pizza, donuts, hot breakfast items, and hot and cold sandwiches), beverages, tobacco and nicotine products, groceries, health and beauty aids, automotive products, and other non-food items. It offers a range of fuels, including E-10 gasoline, High Octane gasoline, Biodiesel, Winterized diesel, and Ethanol-free gasoline. It sells a range of tobacco products in-store, including e-cigarettes and vapor, chewing tobacco, nicotine pouches, and rolling papers and accessories. Its card services include Casey's Gift Cards, Casey's Visa Signature Card, and Casey's Business Mastercard & Casey's Business Advantage Card.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
