EQPT (NASDAQ:EQPT) Coverage Initiated at UBS Group

Equities researchers at UBS Group assumed coverage on shares of EQPT (NASDAQ:EQPT) in a report issued on Tuesday, MarketBeat.com reports. The firm set a “neutral” rating and a $36.00 price target on the stock. UBS Group’s price target suggests a potential upside of 11.32% from the stock’s current price.

A number of other research analysts have also recently weighed in on the company. Wall Street Zen upgraded EQPT to a “hold” rating in a report on Tuesday, February 3rd. Citigroup initiated coverage on EQPT in a report on Tuesday. They issued a “neutral” rating and a $35.00 price objective on the stock. KeyCorp started coverage on EQPT in a research note on Tuesday. They issued a “sector weight” rating on the stock. Oppenheimer started coverage on shares of EQPT in a research report on Tuesday. They set an “outperform” rating and a $39.00 target price for the company. Finally, Wells Fargo & Company started coverage on shares of EQPT in a report on Tuesday. They issued an “overweight” rating and a $41.00 price target on the stock. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $43.75.

EQPT Stock Down 4.8%

Shares of EQPT opened at $32.34 on Tuesday. EQPT has a fifty-two week low of $28.00 and a fifty-two week high of $35.50.

Trending Headlines about EQPT

Here are the key news stories impacting EQPT this week:

• Positive Sentiment: Multiple firms initiated coverage with bullish ratings and high price targets — Robert W. Baird (Outperform, $63), Goldman Sachs (Buy, $51), Truist (Buy, $43), Citizens Jmp (Market Outperform, $42), Wells Fargo (Overweight, $41) and Oppenheimer (Outperform, $39). These targets imply roughly 20%–95% upside versus the current price, signaling strong analyst conviction on growth/margin expansion potential. Benzinga coverage of initiations Zacks Ticker Report (Oppenheimer)
• Positive Sentiment: Insider purchase: EQPT’s CFO reportedly bought 4,285 shares (reported by Quiver Quantitative), a signal some investors use to judge management conviction. QuiverQuant: analyst/insider note
• Neutral Sentiment: Several shops opened coverage with neutral/sector-weight/hold ratings that temper the bullish wave — UBS (Neutral, $36), Citigroup (Neutral, $35) and KeyCorp (Sector Weight). Citi also published a Hold commentary noting execution risks despite a long runway. These views add caution and may limit near-term upside. Benzinga TipRanks (Citi Hold) Zacks
• Negative Sentiment: Despite the bullish analyst coverage, shares are down today — likely reflecting near-term profit-taking, market/sector pressure, and lower-than-average intraday volume. Watch for continued volatility as investors digest the mixed set of ratings. MarketBeat: EQPT intraday price/volume

About EQPT

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.