Barclays lowered the firm’s price target on Fastenal (FAST) to $44 from $45 and keeps an Equal Weight rating on the shares. The firm updated the company’s model post the Q3 report.
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Read More on FAST:
- Fastenal downgraded to Underperform from Peer Perform at Wolfe Research
- Fastenal, Edmonton Oilers enter multi-year agreement
- Bernstein starts Fastenal with Underperform on ‘expensive’ valuation
- Fastenal initiated with an Underperform at Bernstein
- Fastenal reports October net sales up 11.3% to $771.01M