Analysts’ Top Industrial Goods Picks: Fastenal Company (FAST), Flowserve (FLS)
There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Fastenal Company (FAST) and Flowserve (FLS) with bullish sentiments.
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Fastenal Company (FAST)
Jefferies analyst Stephen Volkmann reiterated a Buy rating on Fastenal Company today and set a price target of $52.00. The company’s shares closed last Monday at $45.80.
According to TipRanks.com, Volkmann is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fastenal Company with a $47.78 average price target, implying a -2.0% downside from current levels. In a report released yesterday, Bank of America Securities also maintained a Buy rating on the stock with a $55.00 price target.
See the top stocks recommended by analysts >>
Flowserve (FLS)
Jefferies analyst Chirag Patel maintained a Buy rating on Flowserve today and set a price target of $100.00. The company’s shares closed last Monday at $84.48.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Flowserve with a $95.22 average price target, representing a 13.4% upside. In a report issued on April 7, RBC Capital also maintained a Buy rating on the stock with a $93.00 price target.
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