Compass Minerals price target raised to $25 from $20 at BMO Capital

BMO Capital raised the firm’s price target on Compass Minerals (CMP) to $25 from $20 and keeps a Market Perform rating on the shares. Winter-to-date snow days are trending 50%+ greater than long-term historical averages across key markets in Compass Minerals’ Great Lakes and U.S. Midwest core Highway Deicing rock salt markets, the analyst tells investors in a research note. The firm continues to appreciate management’s long-term approach to costs, Goderich, and the balance sheet.