Stifel Reiterates Buy on Fastenal, Lowers Price Target to $80
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Butler has reiterated a Buy rating on Fastenal (NASDAQ:FAST) but has lowered the price target from $85 to $80.
July 15, 2024 | 1:47 pm
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NEUTRAL IMPACT
Stifel analyst Brian Butler has reiterated a Buy rating on Fastenal but has lowered the price target from $85 to $80.
The reiteration of the Buy rating is positive, but the lowered price target may temper investor enthusiasm. Overall, the impact is neutral as the positive and negative aspects balance each other out.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100