Fastenal (FAST) Declares $0.37 Annual Dividend; 0.7% Yield

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Fastenal (FAST) PT Lowered to $53 at Stifel on 1Q Report; ''Bear Case Remains Intact'

April 12, 2018 1:47 PM EDT

Stifel lowered its price target on Fastenal (NASDAQ: FAST) to $53.00 (from $55.00) while maintaining a Hold rating, following the company's first quarter earnings report.

Analyst Robert McCarthy notes a reduced price target on the shares, as the company reported earnings per share results... More