EQPT (NASDAQ:EQPT) Upgraded at Zacks Research

Zacks Research upgraded shares of EQPT (NASDAQ:EQPT) to a hold rating in a research note issued to investors on Wednesday,Zacks.com reports.

A number of other equities analysts also recently issued reports on the company. Truist Financial assumed coverage on EQPT in a report on Tuesday. They issued a “buy” rating and a $43.00 price objective for the company. Wall Street Zen upgraded EQPT to a “hold” rating in a research note on Tuesday, February 3rd. UBS Group initiated coverage on shares of EQPT in a report on Tuesday. They issued a “neutral” rating and a $36.00 price objective on the stock. The Goldman Sachs Group initiated coverage on shares of EQPT in a report on Tuesday. They set a “buy” rating and a $51.00 target price for the company. Finally, Oppenheimer began coverage on shares of EQPT in a research note on Tuesday. They set an “outperform” rating and a $39.00 price target on the stock. Six analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, EQPT has an average rating of “Moderate Buy” and a consensus price target of $43.75.

EQPT Stock Performance

EQPT opened at $31.55 on Wednesday. EQPT has a twelve month low of $28.00 and a twelve month high of $35.50.

Key Stories Impacting EQPT

Here are the key news stories impacting EQPT this week:

• Positive Sentiment: Multiple major brokerages initiated coverage on EQPT, which increases analyst visibility and trading liquidity; coverage began at Oppenheimer, Goldman Sachs, Robert W. Baird, Truist, Citigroup and UBS. Oppenheimer Initiates Coverage on EQPT Goldman Sachs Initiates Coverage on EQPT Robert W. Baird Coverage Initiated Truist Coverage Initiated Citigroup Begins Coverage UBS Coverage Initiated
• Positive Sentiment: KeyCorp published multi-year EPS forecasts showing improvement (FY2026 ~$0.50 and FY2027 ~$1.22), suggesting analysts expect profitability to recover and grow over the next two years; KeyCorp maintained a “Sector Weight” rating. KeyCorp Initiates Coverage on EQPT
• Neutral Sentiment: Zacks Research moved EQPT to a “hold” rating—an upgrade from a lower stance but not a bullish buy call, so it is unlikely to trigger strong buying on its own. Zacks Upgrade to Hold
• Neutral Sentiment: Short-interest reports posted during February show zero reported short shares (and NaN changes) and a 0.0 days-to-cover figure—this appears to be a data anomaly and does not indicate a meaningful short squeeze or large new short positions.

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.