Compass Minerals (CMP) Reports Prelim Q3 Results

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Go back to Compass Minerals (CMP) Reports Prelim Q3 Results

Compass Minerals International (CMP) PT Lowered to $14 at Deutsche Bank

September 18, 2024 5:45 AM EDT

Deutsche Bank analyst David Begleiter lowered the price target on Compass Minerals International (NYSE: CMP) to $14.00 (from $15.00) while maintaining a Buy rating.

The analyst comments "Compass shares rose 21.1% (S&P: Flat) following the release of preliminary FQ3 results as: i) EBITDA beat by 128%, ii) implied FQ4 guidance was 52% above consensus (midpoint) and iii) highway deicing bid season volumes were in-line with expectations... More