Deutsche Bank Initiates Coverage On Compass with Hold Rating, Announces Price Target of $2.7
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Benjamin Black has initiated coverage on Compass (NYSE:COMP) with a Hold rating and set a price target of $2.7.
November 21, 2023 | 1:24 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Deutsche Bank has initiated coverage on Compass with a Hold rating and a price target of $2.7, which may influence investors' perceptions and the stock's market performance.
The initiation of coverage by a major bank like Deutsche Bank can bring more visibility to Compass in the market. However, a Hold rating suggests a neutral outlook, implying that the stock is fairly valued at its current price. The price target of $2.7 provides a reference point for investors but does not suggest significant upside or downside, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100