Compass Diversified price target lowered to $8 from $13 at B. Riley

B. Riley analyst Timothy D’Agostino lowered the firm’s price target on Compass Diversified (CODI) to $8 from $13 and keeps a Neutral rating on the shares. The firm updated the company’s’ model post earnings. The timing of Compass Diversified’s potential divestitures, the probability of multiple asset sales, and the 2026 outlook on subsidiary performance “creates uncertainty,” the analyst tells investors in a research note.