Fastenal Enters Oversold Territory Friday, September 9, 4:10 PM ET, by Market News Video Staff The DividendRank formula at Dividend Channel ranks a coverage universe of thousands of dividend stocks, ...
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.
This Article's Word Cloud:CreditFASTFastenalGOOGGoogleMorganSharesSuisseThisWednesdayWithcompanycontinuecontinuescoveragecurrentearningsestimatesgrowthhigherimproveincreasedinitiatedmaintainingmomentummorningneutralnewsoverweightpickingpriceraisedratingreportsecularsharesharesshouldstockstrongtargetthantodaywerewhilewith
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.