Goldman Sachs lowered the firm’s price target on EquipmentShare (EQPT) to $44 from $51 and keeps a Buy rating on the shares. The company’s Q4 revenue and margin beat were encouraging and the FY26 guide is achievable, while its management reiterated a strong 2026 demand backdrop, stable pricing, and mature-site performance in the guide that is similar to 2025, the analyst tells investors in a research note.
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Read More on EQPT:
- EquipmentShare price target lowered to $41 from $43 at Truist
- EquipmentShare price target lowered to $25 from $31 at Citi
- EquipmentShare price target lowered to $55 from $63 at Baird
- Closing Bell Movers: Micron down 4% despite above-consensus and record Q2
- EquipmentShare reports Q4 adjusted EBITDA $559M vs. $418M last year
