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Fastenal Company (NASDAQ:FAST) Given Average Recommendation of "Hold" by Brokerages
Fastenal Company (NASDAQ:FAST) has received an average “Hold” recommendation from brokerages, with an average 12-month price target of $48.83. Recent insider selling by two directors and institutional investors making changes to their positions were noted. The company reported Q4 earnings of $0.26 EPS and $2.03 billion in revenue, and increased its quarterly dividend to $0.24 per share.