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Fly News Breaks for March 19, 2018
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Mar 19, 2018 | 06:04 EDT
Goldman Sachs analyst Evelyn Chow started Fastenal with a Sell rating and $49 price target. The analyst expects the company' gross margins to decline the most in her Industrial Distributors coverage from 2017-2019. She sees limited upside potential given the potential for downward estimate revisions. Chow started the Industrial Distributors sector with a neutral stance.
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