HSBC Maintains Hold on Fastenal, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Wesley Brooks has maintained a Hold rating on Fastenal (NASDAQ:FAST) and increased the price target from $59 to $64.
April 15, 2024 | 12:23 pm
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HSBC maintains a Hold rating on Fastenal, raising the price target from $59 to $64.
The increase in price target by HSBC suggests a positive outlook on Fastenal's stock value in the short term, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100