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Notable Monday Option Activity: FB, JPM, COST
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Analyst Moves: FAST, GOOG

By Market News Video Staff, Wednesday, July 13, 11:09 AM ET
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This morning, Credit Suisse increased its EPS estimates on shares of Fastenal (NASDAQ:FAST) as momentum at the company continues to improve. With the higher earnings estimates, Credit Suisse raised its price target to $39 while maintaining its neutral rating.

Shares of Fastenal were higher on Wednesday, picking up 1.7% so far.

And JP Morgan initiated coverage on shares of Google (NASDAQ:GOOG) with an overweight rating as the company should continue with its strong secular growth. In the report, JP Morgan set a price target of $660 per share, 22% higher than the current stock price.

Shares of Google were higher on the news, picking up 1.4% today.


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