BUZZ-Wells Fargo bullish on EquipmentShare, cites supply‑driven recovery

Reuters

02/18

BUZZ-<a href="https://laohu8.com/S/EOD">Wells Fargo</a> bullish on EquipmentShare, cites supply‑driven recovery

** Wells Fargo initiates construction tech firm EquipmentShare.com EQPT.O with an "overweight" rating; sets PT of $41

** Says construction machinery supply is tight, lead times for new equipment are rising and U.S. non-residential construction green shoots are emerging, positioning EQPT to benefit from fleet growth

** Adds that supply-driven recovery is broadening, with emerging visibility on demand-driven upside

** Says EQPT has grown from 133 to 352 sites in three years, applying a proven greenfield playbook systematically at each location

** Including session's moves, EQPT up 16.2% since its debut on January 23

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))

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sets PT of $41</p><p>** Says construction machinery supply is tight, lead times for new equipment are rising and U.S. non-residential construction green shoots are emerging, positioning EQPT to benefit from fleet growth</p><p>** Adds that supply-driven recovery is broadening, with emerging visibility on demand-driven upside</p><p>** Says EQPT has grown from 133 to 352 sites in three years, applying a proven greenfield playbook systematically at each location</p><p>** Including session's moves, EQPT up 16.2% since its debut on January 23</p><p>(Reporting by Pragyan Kalita in Bengaluru)</p><p>((Pragyan.Kalita@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"EQPT","symbol_name":"EquipmentShare.com","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260217:nL4N3ZD1HK:1","article_id":"2612461224","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2612461224","pubTimestamp":1771352414,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BUZZ-Wells Fargo bullish on EquipmentShare, cites supplydriven recovery** Wells Fargo initiates construction tech firm EquipmentShare.com EQPT.O with an \"overweight\" rating; 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