Stifel Maintains Buy on Fastenal, Raises Price Target to $66
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Michael Hoffman maintains a Buy rating on Fastenal (NASDAQ:FAST) and raises the price target from $61 to $66.
October 13, 2023 | 12:53 pm
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Stifel analyst maintains a Buy rating on Fastenal and raises the price target from $61 to $66.
The news of Stifel maintaining a Buy rating and raising the price target for Fastenal is likely to have a positive impact on the company's stock in the short term. This is because such news often leads to increased investor confidence and can drive up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100