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Fly News Breaks for January 12, 2017
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Jan 12, 2017 | 08:09 EDT
As previously reported, Avondale upgraded Fastenal to Outperform from Market Perform and raised its price target to $54 from $51. Analyst Lawrence Pfeffer is growing increasingly confident that the earnings revision cycle has turned for the better for Fastenal and the broader short-cycle industrial groups due to the improving industrial landscape.
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