- Compass Minerals (CMP +3.2%) is upgraded to Neutral from Underperform with an $88 price target, up from $68, at Credit Suisse.
- Due to strong winter weather patterns in the Midwest, Great Lakes region and Ontario, the firm sees trends within the highway deicing salt business continuing to act as favorable tailwinds.
- As a result of better volumes likely resulting in a more favorable pricing landscape for the upcoming bidding season, the firm raises its 2014 EPS estimate to $4.10 from $3.80 and implements a 2015 estimate of $4.70.
Compass Minerals +3.2% as Credit Suisse upgrades
Feb 6 2014, 12:52 ET