Fastenal (FAST) Tops Q2 EPS by 2c
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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 EDTStifel 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
Raymond James Upgrades Fastenal (FAST) to Strong Buy, Positive FY 2017/2018 EPS Revisions
July 13, 2017 5:27 AM EDTRaymond James upgraded Fastenal (NASDAQ: FAST) from Outperform to Strong Buy with a price target of $50.00.
Analyst Sam Darkatsh says the recent selloff is unwarranted and says the company is showing tangible relative and absolute evidence that its business model, growth in... More
UPDATE: Baird Upgrades Fastenal (FAST) to Outperform
July 12, 2017 12:38 PM EDT(Updated - July 13, 2017 8:43 AM EDT)
(updated to add analyst comment and add price target)
Baird upgraded Fastenal (NASDAQ: FAST) from Neutral to Outperform, price target $53.00.
Analyst David Manthey expects stronger growth and gross margins than the consensus is expecting.... More
Fastenal (FAST) Trades at Lows
July 12, 2017 10:42 AM EDTFastenal (NASDAQ: FAST) traded at session lows mid-morning, reversing an earlier gain. The company reported Q2 results pre-market and hosted a call that began at 10 am ET (9 am central time).
Shares are down 2.7%.
... More