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Fly News Breaks for January 19, 2017
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Jan 19, 2017 | 07:39 EDT
Credit Suisse analyst Andrew Buscaglia raised his price target for Fastenal to $49 from $41 after the company put up a "good" operational Q4 beat and exceeded gross margins expectations, which were helped by cost initiatives. The analyst reiterates a Neutral rating on the shares.