Morgan Stanley Reiterates Equal-Weight Rating on Fastenal Company (FAST)

Market Context

Fastenal Company operates in the Industrials sector. The stock currently trades at $46.76 with a market capitalization of $47.9B. The stock has gained 9.7% over the past 52 weeks.

Analyst coverage from Morgan Stanley provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Fastenal Company.

Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.

Recent Analyst Activity for Fastenal Company

Among the 10 most recent ratings: 2 Buy, 8 Hold, 0 Sell.

Date	Firm	Rating	Price Target
Jul 16, 2026	Morgan Stanley	Equal-Weight	N/A
Jul 16, 2026	Barclays	Equal-Weight	N/A
Jul 15, 2026	DA Davidson	Neutral	N/A
Jul 13, 2026	Rothschild & Co	Buy	N/A
Jul 08, 2026	Morgan Stanley	Equal-Weight	N/A

Related Tools: Analyst Ratings Dashboard | View FAST Stock Page