The analyst lowered his estimates on the group to reflect deflation and the garden-variety 2023 recession.
Manthey calls the trio the "highest-valuation stocks" in his industrial distribution coverage.
Meanwhile, the analyst still is broadly positive on the group, with ten out of 14 stocks still rated Outperform.
Price Action: FAST shares trading higher by 1.37% at $47.41, SITE lower by 0.82% at $119.40, and POOL lower by 0.32% at $366.74 on the last check Thursday.
Latest Ratings for FAST
See more from Benzinga
Don't miss real-time alerts on your stocks - join Benzinga Pro for free! Try the tool that will help you invest smarter, faster, and better.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.