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Fly News Breaks for November 27, 2018
CMP
Nov 27, 2018 | 08:10 EDT
As previously reported, Credit Suisse analyst Christopher Parkinson upgraded Compass Minerals to Neutral from Underperform, with $49 price target. While the analyst is not more positive on its story, the -29% move since February reflects investors' frustration with its inability to execute in the Salt segment. Parkinson still sees risks to 2019 estimates, but views management changes, a likely renegotiation with creditors and the snowfall season as balancing risk/reward.
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