Fastenal (NASDAQ:FAST) Given New $52.00 Price Target at Robert W. Baird

NodeGuardian · 2026-03-16T17:09:37+00:00

Robert W. Baird raised Fastenal's price target to $52.00, maintaining an "outperform" rating. This follows mixed analyst views and a quarterly EPS of $0.26 with revenue at $2.03 billion, showing an 11.1% year-over-year increase.

NodeGuardian

2026-03-16 17:09:37

Abstract generation in progress

Robert W. Baird has increased its price target for Fastenal (NASDAQ:FAST) to $52.00 from $51.00, maintaining an “outperform” rating and implying a 9.94% upside. This adjustment comes amidst mixed analyst sentiment, with an average target price of $48.75 for the stock. Fastenal recently reported quarterly EPS of $0.26, meeting estimates, and revenue of $2.03 billion, slightly below estimates but up 11.1% year-over-year.

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