EQPT (NASDAQ:EQPT) Reaches New 12-Month Low – Here’s What Happened

Shares of EQPT (NASDAQ:EQPT) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $27.75 and last traded at $27.75, with a volume of 449110 shares trading hands. The stock had previously closed at $29.46.

Analyst Ratings Changes

A number of analysts recently weighed in on EQPT shares. Truist Financial started coverage on EQPT in a report on Tuesday, February 17th. They issued a “buy” rating and a $43.00 price objective for the company. Robert W. Baird began coverage on EQPT in a research note on Tuesday, February 17th. They issued an “outperform” rating and a $63.00 price target for the company. KeyCorp assumed coverage on EQPT in a research report on Tuesday, February 17th. They set a “sector weight” rating for the company. Wall Street Zen lowered EQPT from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Finally, UBS Group started coverage on EQPT in a report on Tuesday, February 17th. They issued a “neutral” rating and a $36.00 target price on the stock. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, EQPT has an average rating of “Moderate Buy” and an average target price of $43.75.

EQPT Stock Down 5.9%

EQPT Company Profile

EquipmentShare.com Inc provides integrated, full-service construction solutions across equipment rental, sales and technology. EquipmentShare.com Inc is based in Columbia, Missouri.