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Fastenal Analyst Ratings

Benzinga ·  Sep 15, 2023 17:56
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating
09/15/2023 7.62% HSBC → $59 Initiates Coverage On → Hold
07/12/2023 -8.79% Morgan Stanley $46 → $50 Maintains Underweight
04/14/2023 3.98% Baird $56 → $57 Maintains Neutral
04/05/2023 -16.09% Morgan Stanley $42 → $46 Maintains Underweight
04/04/2023 11.27% Stifel → $61 Initiates Coverage On → Buy
01/23/2023 -3.32% Loop Capital $54 → $53 Maintains Hold
01/06/2023 -23.39% Morgan Stanley $43 → $42 Maintains Underweight
10/17/2022 -8.79% Jefferies → $50 Assumes → Hold
10/14/2022 -21.56% Morgan Stanley $42 → $43 Maintains Underweight
07/15/2022 0.33% Argus Research $66 → $55 Maintains Buy
07/14/2022 -23.39% Morgan Stanley $48 → $42 Maintains Underweight
07/14/2022 -8.79% UBS $62 → $50 Maintains Neutral
07/14/2022 -12.44% Baird → $48 Downgrades Outperform → Neutral
05/31/2022 -12.44% Morgan Stanley $56 → $48 Maintains Underweight
04/14/2022 2.15% Morgan Stanley $53 → $56 Maintains Underweight
04/14/2022 9.45% Wells Fargo $58 → $60 Maintains Equal-Weight
04/07/2022 -3.32% Morgan Stanley $54 → $53 Maintains Underweight
03/08/2022 5.8% Wells Fargo → $58 Upgrades Underweight → Equal-Weight
01/20/2022 -1.5% Morgan Stanley $53 → $54 Maintains Underweight
01/14/2022 -3.32% Morgan Stanley $48 → $53 Maintains Underweight
10/08/2021 -17.91% Wells Fargo → $45 Downgrades Equal-Weight → Underweight
08/03/2021 -5.14% Loop Capital → $52 Initiates Coverage On → Hold
06/15/2021 -12.44% Morgan Stanley $53 → $48 Downgrades Equal-Weight → Underweight
04/14/2021 -3.32% Morgan Stanley $49 → $53 Maintains Equal-Weight
01/21/2021 -10.62% Morgan Stanley $47 → $49 Maintains Equal-Weight
10/14/2020 -14.26% Morgan Stanley $46 → $47 Maintains Equal-Weight
09/16/2020 -19.74% UBS → $44 Initiates Coverage On → Neutral
09/08/2020 Raymond James Downgrades Market Perform → Underperform
09/03/2020 -8.79% Wells Fargo → $50 Downgrades Overweight → Equal-Weight
07/27/2020 -6.97% Deutsche Bank $49 → $51 Maintains Buy
07/15/2020 -16.09% Morgan Stanley $36 → $46 Maintains Equal-Weight
07/02/2020 -8.79% Deutsche Bank → $50 Initiates Coverage On → Buy
06/23/2020 -37.98% JP Morgan → $34 Upgrades Underweight → Neutral
05/07/2020 -23.39% Baird $39 → $42 Maintains Outperform
05/07/2020 -34.33% Morgan Stanley $34 → $36 Maintains Equal-Weight
04/15/2020 -37.98% Morgan Stanley $31 → $34 Maintains Equal-Weight
04/15/2020 -28.86% Baird $38 → $39 Maintains Outperform
04/15/2020 -36.15% Stephens & Co. $32 → $35 Maintains Equal-Weight
04/13/2020 -41.63% Stephens & Co. $37 → $32 Reiterates → Equal-Weight
04/07/2020 JP Morgan Downgrades Neutral → Underweight
03/19/2020 -17.91% Wells Fargo → $45 Upgrades Equal-Weight → Overweight
03/17/2020 -45.28% Morgan Stanley $37 → $30 Maintains Equal-Weight
03/13/2020 -27.03% Baird $38 → $40 Upgrades Neutral → Outperform
01/21/2020 -34.33% Buckingham Research $33 → $36 Maintains Neutral
12/11/2019 -37.98% Morgan Stanley $31 → $34 Maintains Equal-Weight
10/15/2019 -39.8% Buckingham Research $30 → $33 Maintains Neutral
10/14/2019 -32.51% Baird $34 → $37 Maintains Neutral
10/14/2019 -43.45% Morgan Stanley $29 → $31 Maintains Equal-Weight
10/14/2019 Raymond James Downgrades Strong Buy → Market Perform
09/17/2019 -45.28% Buckingham Research $29 → $30 Maintains Neutral
07/12/2019 -47.1% Buckingham Research $31 → $29 Maintains Neutral
07/12/2019 -45.28% Wells Fargo $35 → $30 Maintains Market Perform
07/12/2019 -32.51% Raymond James $39 → $37 Maintains Strong Buy
07/12/2019 -47.1% Morgan Stanley $31.5 → $29 Maintains Equal-Weight
06/14/2019 -43.45% Buckingham Research $32 → $31 Maintains Neutral
04/16/2019 14.92% Morgan Stanley $55 → $63 Maintains Equal-Weight
04/12/2019 18.57% Buckingham Research $60 → $65 Maintains Neutral
04/12/2019 42.28% Raymond James $75 → $78 Maintains Strong Buy
04/08/2019 9.45% Buckingham Research $57 → $60 Maintains Neutral
02/12/2019 Keybanc Downgrades Overweight → Sector Weight
12/04/2018 14.92% Longbow Research → $63 Downgrades Buy → Neutral
10/22/2018 -8.79% Buckingham Research → $50 Initiates Coverage On → Neutral
10/11/2018 -8.79% Wells Fargo $53 → $50 Maintains Market Perform

What is the target price for Fastenal (FAST)?

The latest price target for Fastenal (NASDAQ: FAST) was reported by HSBC on September 15, 2023. The analyst firm set a price target for $59.00 expecting FAST to rise to within 12 months (a possible 7.62% upside). 9 analyst firms have reported ratings in the last year.

What is the most recent analyst rating for Fastenal (FAST)?

The latest analyst rating for Fastenal (NASDAQ: FAST) was provided by HSBC, and Fastenal initiated their hold rating.

When is the next analyst rating going to be posted or updated for Fastenal (FAST)?

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Fastenal, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Fastenal was filed on September 15, 2023 so you should expect the next rating to be made available sometime around September 15, 2024.

Is the Analyst Rating Fastenal (FAST) correct?

While ratings are subjective and will change, the latest Fastenal (FAST) rating was a initiated with a price target of $0.00 to $59.00. The current price Fastenal (FAST) is trading at is $54.82, which is within the analyst's predicted range.

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