Oppenheimer Initiates Coverage on EQPT (NASDAQ:EQPT)

Equities researchers at Oppenheimer assumed coverage on shares of EQPT (NASDAQ:EQPT) in a research report issued to clients and investors on Tuesday,Benzinga reports. The brokerage set an “outperform” rating and a $39.00 price target on the stock. Oppenheimer’s price target would suggest a potential upside of 15.49% from the company’s current price.

A number of other equities research analysts have also recently issued reports on the company. Robert W. Baird began coverage on EQPT in a research note on Tuesday. They issued an “outperform” rating and a $63.00 target price on the stock. Citigroup assumed coverage on shares of EQPT in a report on Tuesday. They issued a “neutral” rating and a $35.00 price objective on the stock. Truist Financial began coverage on shares of EQPT in a research report on Tuesday. They issued a “buy” rating and a $43.00 price objective on the stock. KeyCorp initiated coverage on shares of EQPT in a research note on Tuesday. They set a “sector weight” rating for the company. Finally, Wall Street Zen upgraded shares of EQPT to a “hold” rating in a research note on Tuesday, February 3rd. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, EQPT presently has a consensus rating of “Moderate Buy” and a consensus target price of $46.20.

EQPT Stock Performance

Shares of NASDAQ EQPT opened at $33.77 on Tuesday. EQPT has a 12-month low of $28.00 and a 12-month high of $35.50.

More EQPT News

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.