Baird Maintains Neutral on Fastenal, Raises Price Target to $77
Portfolio Pulse from Benzinga Newsdesk
Baird analyst David Manthey has maintained a Neutral rating on Fastenal (NASDAQ:FAST) and increased the price target from $74 to $77.
March 07, 2024 | 12:03 pm
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Baird analyst David Manthey has maintained a Neutral rating on Fastenal but raised the price target from $74 to $77.
The increase in price target by Baird, despite maintaining a Neutral rating, suggests a positive adjustment in the valuation of Fastenal. This could lead to short-term positive sentiment among investors, potentially pushing the stock price up.
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