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Analyst Moves: FAST, GOOG

By Market News Video Staff, Wednesday, July 13, 11:09 AM ET
Play Video: The Importance of ETFs


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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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This Article's Word Cloud:   Credit   Definition   Definitions   Earnings   FAST   Fastenal   GOOG   Google   Market   Morgan   Nasdaq   Price   Relevant   Share   Shares   Suisse   This   Wednesday   With   company   continue   continues   coverage   current   earnings   estimates   growth   higher   improve   increased   initiated   maintaining   momentum   neutral   overweight   picking   price   raised   rating   secular   shares   should   stock   strong   target   than   today   were   while   with
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