Piper Jaffray views Fastenal shares as fairly valued
Piper Jaffray reported that it continues to view Fastenal shares as fairly valued as their key end markets; manufacturing and non-residential construction, are showing solid growth, but it remains concerned with the increasing level of comps that they begin facing in 2Q and run for the balance of the year.
Piper Jaffray upgraded shares of ARM Holdings plc from a neutral rating to an overweight rating in a research report released on Wednesday morning, TheFlyOnTheWall.com reports.