Compass Minerals price target lowered to $18 from $20 at BMO Capital

BMO Capital lowered the firm’s price target on Compass Minerals (CMP) to $18 from $20 and keeps a Market Perform rating on the shares after its “delayed” Q4 results. The company continues to work to normalize inventory and improve working capital and cost performance, though this “will take time”, the analyst tells investors in a research note.