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Fly News Breaks for November 7, 2019
CMP
Nov 7, 2019 | 08:49 EDT
BMO Capital analyst Joel Jackson lowered his price target on Compass Minerals to $55 and kept his Market Perform rating after its Q3 earnings miss and a cut in FY19 adjusted EBITDA outlook. The analyst is also cutting his FY19 and FY20 EPS views by 15c and 49c to $2.18 and $3.25 to reflect the weaker South American ag/chemicals earnings and lower North American volumes, with slightly higher costs in Salt.