EQPT (NASDAQ:EQPT) Given New $22.00 Price Target at Citigroup

EQPT (NASDAQ:EQPT) had its price objective trimmed by Citigroup from $25.00 to $22.00 in a research note published on Monday,Benzinga reports. The firm currently has a neutral rating on the stock.

EQPT has been the subject of a number of other research reports. Wall Street Zen upgraded EQPT from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Robert W. Baird dropped their price objective on EQPT from $63.00 to $55.00 and set an “outperform” rating for the company in a report on Friday, March 20th. Wells Fargo & Company dropped their price objective on EQPT from $35.00 to $32.00 and set an “overweight” rating for the company in a report on Monday. Truist Financial dropped their price objective on EQPT from $43.00 to $41.00 and set a “buy” rating for the company in a report on Friday, March 20th. Finally, Citizens Jmp began coverage on EQPT in a report on Tuesday, February 17th. They issued a “market outperform” rating and a $42.00 price objective for the company. Six research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, EQPT currently has an average rating of “Moderate Buy” and an average target price of $39.75.

EQPT Stock Up 3.2%

NASDAQ EQPT opened at $21.04 on Monday. The firm has a 50-day moving average of $26.62. EQPT has a 12 month low of $18.80 and a 12 month high of $35.50.

EQPT (NASDAQ:EQPT) last released its quarterly earnings data on Wednesday, March 18th. The company reported $0.24 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.05. The company had revenue of $1.57 billion during the quarter, compared to the consensus estimate of $1.54 billion.

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.