Casey's Food Strategy Wins Out While Murphy USA Struggles With Fuel Trends

Investors are closely watching the convenience retail sector as new research highlights shifting demand and competitive pressures.BofA Securities analyst Lisa K. Lewandowski initiated coverage on Murphy USA Inc. (NYSE:MUSA) and Casey’s General Stores, Inc. (NASDAQ:CASY).Casey’s General StoresAnalyst Lewandowski initiated coverage of Casey’s General Stores with a Buy rating and a $700 price objective.Lewandowski based the valuation on a 2027 EV-to-EBITDA multiple of 15.9 times. That multiple sits slightly ab ...