Wells Fargo & Company Initiates Coverage on EQPT (NASDAQ:EQPT)

Stock analysts at Wells Fargo & Company began coverage on shares of EQPT (NASDAQ:EQPT) in a research report issued on Tuesday,Benzinga reports. The brokerage set an “overweight” rating and a $41.00 price target on the stock. Wells Fargo & Company‘s price objective points to a potential upside of 21.30% from the company’s previous close.

Several other equities research analysts have also recently weighed in on EQPT. Citizens Jmp began coverage on shares of EQPT in a research report on Tuesday. They set a “mkt outperform” rating and a $42.00 price objective for the company. Oppenheimer initiated coverage on shares of EQPT in a report on Tuesday. They issued an “outperform” rating and a $39.00 target price on the stock. Robert W. Baird started coverage on shares of EQPT in a research note on Tuesday. They issued an “outperform” rating and a $63.00 target price for the company. KeyCorp started coverage on shares of EQPT in a report on Tuesday. They issued a “sector weight” rating for the company. Finally, Truist Financial started coverage on shares of EQPT in a report on Tuesday. They set a “buy” rating and a $43.00 price target on the stock. Five equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, EQPT presently has an average rating of “Moderate Buy” and an average price target of $44.86.

EQPT Trading Up 0.1%

Shares of NASDAQ EQPT opened at $33.80 on Tuesday. EQPT has a fifty-two week low of $28.00 and a fifty-two week high of $35.50.

EQPT News Summary

Here are the key news stories impacting EQPT this week:

• Positive Sentiment: Robert W. Baird initiated coverage with an “Outperform” rating and a $63 price target (roughly +86.6% upside vs. $33.77). Baird Coverage
• Positive Sentiment: Goldman Sachs started coverage with a “Buy” and a $51 price target (about +51% upside), signaling confidence in EQPT’s growth/margin outlook. Goldman Sachs Coverage
• Positive Sentiment: Truist initiated a “Buy” with a $43 target (≈+27% upside), adding to the cluster of buy-side endorsements. Truist Coverage
• Positive Sentiment: Company insider activity: CFO David Marquardt purchased ~4,285 shares (~$105k), which investors often view as alignment with management and a bullish signal. Insider Purchase / Quiver
• Neutral Sentiment: Citigroup set a neutral/“hold” type rating with a $35 target (small upside ~3.6%), offering a more cautious view relative to the buys. Citigroup Coverage
• Neutral Sentiment: KeyCorp initiated coverage with a “Sector Weight” rating, a neutral signal that adds coverage but not a bullish catalyst. KeyCorp Coverage
• Neutral Sentiment: Short-interest data in the feed appears to show no meaningful short position (reported zeros and a 0.0 days-to-cover), which is likely not influencing price action. Short Interest / Quiver

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.