Stephens & Co. Reiterates Equal-Weight on Fastenal, Maintains $56 Price Target
Portfolio Pulse from Benzinga Newsdesk
Stephens & Co. analyst Tommy Moll has reiterated an Equal-Weight rating on Fastenal (NASDAQ:FAST) and maintained a $56 price target.

July 15, 2024 | 1:27 pm
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NEUTRAL IMPACT
Stephens & Co. has reiterated an Equal-Weight rating on Fastenal and maintained a $56 price target, indicating a neutral stance on the stock.
The reiteration of an Equal-Weight rating and maintenance of the $56 price target suggests that the analyst sees no significant short-term upside or downside for Fastenal. This neutral stance is likely to result in minimal immediate impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100