Fastenal Company Announces Cash Dividend

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Fastenal (FAST) PT Raised to $46 at Stifel on 2Q Report; 'Solid Sales, Strong than Expected Gross Margins'

July 13, 2017 2:18 PM EDT

Stifel raised its price target on Fastenal (NASDAQ: FAST) to $46.00 (from $45.00) while maintaining a Hold rating, following the company's second quarter earnings report.

Analyst Robert McCarthy notes the company delivered second quarter earnings per share and revenue results above consensus projections... More