UPDATE: Macquarie Capital Initiates Coverage on Casey's General Stores as Expansion Plans Warrant Conservatism

In a report published Friday, Macquarie Capital analyst Dane Leone initiated coverage on Casey's General Stores (NASDAQ: CASY ) with a Neutral rating and $70.00 price target. In the report, Macquarie Capital noted, “Casey's General Stores is a well-run Midwestern chain of convenience stores that operates its own logistics network