Barclays Maintains Equal-Weight on Compass, Raises Price Target to $4
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Equal-Weight rating on Compass (NYSE:COMP) and increased the price target from $2.5 to $4.
March 05, 2024 | 11:36 am
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Barclays analyst Matthew Bouley maintained an Equal-Weight rating on Compass and raised the price target from $2.5 to $4.
The increase in price target by Barclays reflects a positive outlook on Compass's future performance. This adjustment is likely to instill confidence in investors and could lead to a short-term increase in the stock price. The maintenance of an Equal-Weight rating suggests a cautious optimism, balancing the positive price target adjustment.
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IMPORTANCE 80
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