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Stock impact report

Bernstein Raises its Price Target on Fastenal (FAST) to $42 [Yahoo! Finance]

Fastenal Company (FAST) 
Last fastenal company earnings: 4/14 06:50 am Check Earnings Report
US:NASDAQ Investor Relations: investor.fastenal.com
Company Research Source: Yahoo! Finance
On April 13, 2026, Bernstein raised its price target on Fastenal Company (NASDAQ:FAST) to $42 from $38. The firm noted that while the company is benefiting from strong PMI trends and sales growth, margins came in weaker than expected during the quarter. Management also indicated that pricing actions are taking longer to implement, which has added to investor concerns, particularly following a strong run-up in the stock ahead of earnings. Bernstein Raises its Price Target on Fastenal (FAST) to $42 On the other hand, BofA raised its price target on Fastenal to $55 from $48 and kept a Buy rating, with the new target based on a 27x 2027 EV/EBITDA multiple. The firm said the valuation reflects a broader rerating among distributor peers, with Fastenal now trading at a premium to the group. On April 12, 2026, Fastenal reported Q1 EPS of 30c, in line with consensus, on revenue of $2.2B, also matching expectations. The company said it continues to expect 2026 capital expenditures, net o Show less Read more
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