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Analysts Have Conflicting Sentiments on These Industrial Goods Companies: Fastenal Company (FAST) and Rapid Micro Biosystems (RPID)

Analysts have been eager to weigh in on the Industrial Goods sector with new ratings on Fastenal Company (FASTResearch Report) and Rapid Micro Biosystems (RPIDResearch Report).

Fastenal Company (FAST)

Morgan Stanley analyst Joshua Pokrzywinski maintained a Sell rating on Fastenal Company yesterday and set a price target of $42.00. The company’s shares closed last Monday at $53.36.

According to TipRanks.com, Pokrzywinski is a 4-star analyst with an average return of 6.9% and a 57.3% success rate. Pokrzywinski covers the Industrial Goods sector, focusing on stocks such as Advanced Drainage Systems, Lennox International, and Illinois Tool Works.

Fastenal Company has an analyst consensus of Moderate Sell, with a price target consensus of $50.33.

See the top stocks recommended by analysts >>

Rapid Micro Biosystems (RPID)

Morgan Stanley analyst Tejas Savant maintained a Hold rating on Rapid Micro Biosystems yesterday and set a price target of $2.75. The company’s shares closed last Monday at $1.28, close to its 52-week low of $1.12.

According to TipRanks.com, Savant has 0 stars on 0-5 stars ranking scale with an average return of -6.7% and a 40.8% success rate. Savant covers the Healthcare sector, focusing on stocks such as Maravai Lifesciences Holdings, Adaptive Biotechnologies, and Pacific Biosciences.

Rapid Micro Biosystems has an analyst consensus of Hold, with a price target consensus of $2.75.

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