Wall Street Zen Downgrades EQPT (NASDAQ:EQPT) to Sell

EQPT (NASDAQ:EQPT) was downgraded by stock analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a report issued on Saturday.

A number of other research firms have also weighed in on EQPT. 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 target price on the stock. KeyCorp initiated coverage on EQPT in a report on Tuesday, February 17th. They issued a “sector weight” rating for the company. Zacks Research upgraded EQPT to a “hold” rating in a research report on Wednesday, February 18th. Citigroup assumed coverage on EQPT in a research note on Tuesday, February 17th. They set a “neutral” rating and a $35.00 price objective on the stock. Finally, Wells Fargo & Company initiated coverage on EQPT in a report on Tuesday, February 17th. They issued an “overweight” rating and a $41.00 target price for the company. Six investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $43.75.

EQPT Stock Down 6.5%

Shares of NASDAQ EQPT opened at $31.55 on Friday. EQPT has a 52 week low of $28.00 and a 52 week high of $35.50.

EQPT News Roundup

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.