EQPT (NASDAQ:EQPT) Given New $34.00 Price Target at Truist Financial

EQPT (NASDAQ:EQPT) had its price objective reduced by Truist Financial from $41.00 to $34.00 in a research report report published on Monday,Benzinga reports. They currently have a buy rating on the stock.

Several other research analysts have also recently issued reports on the company. Citizens Jmp started coverage on EQPT in a research report on Tuesday, February 17th. They issued a “market outperform” rating and a $42.00 target price on the stock. Weiss Ratings began coverage on shares of EQPT in a research report on Thursday. They set a “sell (d)” rating for the company. UBS Group began coverage on shares of EQPT in a research note on Tuesday, February 17th. They issued a “neutral” rating and a $36.00 price objective on the stock. Citigroup dropped their price objective on shares of EQPT from $25.00 to $22.00 and set a “neutral” rating on the stock in a report on Monday, April 13th. Finally, KeyCorp started coverage on shares of EQPT in a research report on Tuesday, February 17th. They set a “sector weight” rating for the company. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, EQPT currently has an average rating of “Hold” and an average price target of $38.88.

EQPT Trading Up 4.0%

NASDAQ EQPT opened at $22.23 on Monday. The company’s fifty day moving average price is $25.53. EQPT has a 1-year low of $18.80 and a 1-year high of $35.50.

EQPT (NASDAQ:EQPT) last released its quarterly earnings results on Wednesday, March 18th. The company reported $0.24 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $0.05. The firm had revenue of $1.57 billion during the quarter, compared to analysts’ expectations of $1.54 billion. As a group, analysts forecast that EQPT will post 0.45 EPS for the current fiscal year.

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.