Stifel Nicolaus lowered its Compass Diversified Holdings CODI price target from $20 to $18.50 in a research report published today.
In the report, Stifel Nicolaus states, " It was a messy quarter with an earnings miss and disappointing guidance for AFM and Tridien. The earnings disappointment and recent announcement of the CEO taking a leave of absence has pressured the stock down 17% in the past three weeks but we believe there is significant value in the shares at this level."
Shares of Compass Diversified Holdings closed Thursday at $15.05, reflecting no change from Wednesday's market close.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
|---|
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
