Fastenal (FAST) Declares $0.43 Quarterly Dividend; 2.6% Yield

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Fastenal (FAST) PT Raised to $78 at Raymond James

April 12, 2019 7:05 AM EDT

Raymond James analyst Sam Darkatsh raised the price target on Fastenal (NASDAQ: FAST) to $78.00 (from $75.00) while maintaining a Strong Buy rating.

1Q results beat despite challenging weather conditions.Double digit sales growth, margin expansion, and improved sequential inventory velocity displayed that Fastenal... More