Citigroup Lowers EQPT (NASDAQ:EQPT) Price Target to $31.00

EQPT (NASDAQ:EQPT) had its target price cut by investment analysts at Citigroup from $35.00 to $31.00 in a note issued to investors on Monday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s target price points to a potential upside of 14.01% from the company’s current price.

Several other equities analysts also recently weighed in on the company. Truist Financial began coverage on EQPT in a report on Tuesday, February 17th. They set a “buy” rating and a $43.00 price target for the company. Wall Street Zen cut shares of EQPT from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Citizens Jmp assumed coverage on shares of EQPT in a research report on Tuesday, February 17th. They set a “market outperform” rating and a $42.00 price objective on the stock. Wells Fargo & Company began coverage on shares of EQPT in a research note on Tuesday, February 17th. They set an “overweight” rating and a $41.00 price objective for the company. Finally, Oppenheimer assumed coverage on shares of EQPT in a research note on Tuesday, February 17th. They issued an “outperform” rating and a $39.00 target price on the stock. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, EQPT has a consensus rating of “Moderate Buy” and a consensus target price of $43.25.

EQPT Stock Down 2.9%

EQPT stock opened at $27.19 on Monday. EQPT has a twelve month low of $25.61 and a twelve month high of $35.50.

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.