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On May 27, 2025,
(FAST) saw a significant increase in trading volume, with a total of $209 million in shares exchanged, marking a 32.91% rise from the previous day. This surge placed Fastenal at the 481st position in terms of trading volume for the day. The stock price of Fastenal also rose by 2.44%.JPMorgan has revised its price target for Fastenal, increasing it from $36 to $38 while maintaining a Neutral rating. This adjustment is part of a broader update to the firm's outlook on the company.
Baird has also updated its price target for Fastenal, raising it from $40.00 to $43.00 and maintaining a Neutral rating. This change reflects the firm's updated analysis and outlook for the company.
Analysts offering price forecasts for Fastenal have a median target of $68.24, with estimates ranging from a low of $38.00 to a high of $86.00. This wide range of targets indicates varying opinions among analysts regarding the stock's future performance.
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