EQPT (NASDAQ:EQPT) Sets New 12-Month Low – Here’s Why

EQPT (NASDAQ:EQPT) hit a new 52-week low on Friday . The stock traded as low as $25.40 and last traded at $25.8970, with a volume of 144520 shares changing hands. The stock had previously closed at $25.88.

Analyst Ratings Changes

Several brokerages have recently commented on EQPT. Wall Street Zen downgraded EQPT from a “hold” rating to a “sell” rating in a research note on Saturday, February 21st. Robert W. Baird assumed coverage on EQPT in a report on Tuesday, February 17th. They issued an “outperform” rating and a $63.00 price target on the stock. Citizens Jmp started coverage on EQPT in a research note on Tuesday, February 17th. They issued a “market outperform” rating and a $42.00 price objective for the company. Truist Financial started coverage on EQPT in a report on Tuesday, February 17th. They set a “buy” rating and a $43.00 price objective for the company. Finally, KeyCorp began coverage on EQPT in a research report on Tuesday, February 17th. They set a “sector weight” rating on the stock. Six analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $43.25.

EQPT Price 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.