EQPT (NASDAQ:EQPT) Sets New 1-Year Low – Here’s What Happened

EQPT (NASDAQ:EQPT) shares reached a new 52-week low on Friday . The company traded as low as $27.75 and last traded at $28.38, with a volume of 630809 shares traded. The stock had previously closed at $29.47.

Wall Street Analyst Weigh In

EQPT has been the subject of a number of recent research reports. Wall Street Zen lowered EQPT from a “hold” rating to a “sell” rating in a report on Saturday, February 21st. KeyCorp assumed coverage on EQPT in a report on Tuesday, February 17th. They set a “sector weight” rating for the company. The Goldman Sachs Group initiated coverage on EQPT in a research report on Tuesday, February 17th. They issued a “buy” rating and a $51.00 price target for the company. Wells Fargo & Company started coverage on shares of EQPT in a report on Tuesday, February 17th. They set an “overweight” rating and a $41.00 price objective on the stock. Finally, Citizens Jmp began coverage on shares of EQPT in a research note on Tuesday, February 17th. They issued a “market outperform” rating and a $42.00 target price for the company. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $43.75.

EQPT Stock Performance

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.