Truist raised the firm’s price target on EquipmentShare (EQPT) to $41 from $34 and keeps a Buy rating on the shares. The company started the year strongly, exceeding first quarter consensus and company guidance, while raising FY26 guidance by the first quarter beat, the analyst tells investors in a research note. The outperformance reflects strong end market tailwinds associated with mega-projects and broader infrastructure spending, along with market share gains, the firm added.
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Read More on EQPT:
- EquipmentShare price target raised to $26 from $22 at Citi
- Joe Ritchie Reiterates Buy Rating and Maintains $40 Price Target After Strong Q1 Beat and Upgraded 2026 Guidance
- EquipmentShare reports Q1 EPS (20c), consensus (23c)
- EquipmentShare raises FY26 revenue view to $5.15B-$5.58B, consensus $5.22B
- EQPT Upcoming Earnings Report: What to Expect?