Stifel Reiterates Buy on Fastenal, Raises Price Target to $86
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Brian Butler has reiterated a Buy rating on Fastenal and increased the price target from $80 to $86.
October 14, 2024 | 1:18 pm
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POSITIVE IMPACT
Stifel analyst Brian Butler has reiterated a Buy rating on Fastenal and increased the price target from $80 to $86.
The reiteration of a Buy rating and an increased price target from a reputable analyst can positively influence investor sentiment and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100