The latest price target for Fastenal (NASDAQ:FAST) was reported by Morgan Stanley on September 6, 2024. The analyst firm set a price target for $72.00 expecting FAST to rise to within 12 months (a possible 0.87% upside). 13 analyst firms have reported ratings in the last year.

The latest analyst rating for Fastenal (NASDAQ:FAST) was provided by Morgan Stanley, and Fastenal initiated their equal-weight rating.

The last upgrade for Fastenal Co happened on March 8, 2022 when Wells Fargo raised their price target to $58. Wells Fargo previously had an underweight for Fastenal Co.

The last downgrade for Fastenal Co happened on July 14, 2022 when Baird changed their price target from N/A to $48 for Fastenal Co.

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 6, 2024 so you should expect the next rating to be made available sometime around September 6, 2025.

While ratings are subjective and will change, the latest Fastenal (FAST) rating was a initiated with a price target of $0.00 to $72.00. The current price Fastenal (FAST) is trading at is $71.38, which is within the analyst’s predicted range.