Stifel Maintains Buy on Compass Minerals Intl, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Vincent Anderson has maintained a Buy rating on Compass Minerals Intl (NYSE:CMP) but has reduced the price target from $75 to $60.

January 11, 2024 | 2:04 pm
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Stifel analyst Vincent Anderson maintains a Buy rating on Compass Minerals Intl but lowers the price target from $75 to $60.
While the reduction in price target from $75 to $60 could be seen as a negative signal about the company's valuation or future prospects, the maintenance of a Buy rating suggests that the analyst still sees positive potential in the stock. The mixed signals could lead to a neutral short-term impact on the stock price as investors weigh the lower price target against the continued positive rating.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100