Stifel Maintains Buy on Compass Minerals Intl, Lowers Price Target to $60-Report Released on 10 January 2024
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Vincent Anderson has maintained a Buy rating on Compass Minerals Intl (NYSE:CMP) but reduced the price target from $75 to $60, as reported on January 10, 2024.
January 11, 2024 | 2:10 pm
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Stifel analyst Vincent Anderson reaffirmed a Buy rating on Compass Minerals Intl but lowered the price target from $75 to $60.
While the Buy rating indicates a positive outlook on the stock, the reduction in price target could signal a tempered expectation of future price performance. Investors may view the price target cut as a negative signal, potentially leading to short-term price volatility. However, the maintained Buy rating could offset some negative sentiment.
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IMPORTANCE 80
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