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<US> Fastenal (FAST.US) 1Q Net Sales and Profit In Line; BofAS Initiates Buy with TP USD55
US industrial parts wholesaler Fastenal (FAST.US) reported that net sales for the first quarter ended March rose 12.4% YoY to USD2.202 billion, in line with market expectations. Di...
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<US> Fastenal (FAST.US) 1Q Net Sales and Profit In Line; BofAS Initiates Buy with TP USD55
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US industrial parts wholesaler Fastenal (FAST.US)      reported that net sales for the first quarter ended March rose 12.4% YoY to USD2.202 billion, in line with market expectations. Diluted EPS was USD0.30, also meeting forecasts.

The stock closed down 6.9% overnight (13th) at USD45.8.

Related NewsInitial Jobless Claims for Apr/18 in the United States is 214K, higher than the previous value of 208K. The forecast was 212K.
BofAS initiated coverage on Fastenal for the first time, assigning a Buy rating with a target price of USD55. (da/u)(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)



This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation.

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