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Raymond James Reiterates Underperform Rating on Fastenal (FAST)

April 14, 2025 5:03 AM EDT

Raymond James analyst Sam Darkatsh reiterated an Underperform rating on Fastenal (NASDAQ: FAST).

The analyst comments "Summary: We reiterate Underperform. Fastenal continues to execute well despite soft end-markets and significant macro uncertainty around tariffs. A frothy valuation, double-digit market-implied sales growth expectations, and... More