As previously reported, Loop Capital analyst Chris Kapsch upgraded Compass Minerals to Buy from Hold with a price target of $23, down from $26. Over the next 12-18 months, the company will have made discernable progress in restoring its financial performance and – most importantly for the stock to work – deleveraging, the analyst tells investors in a research note. Value investor may also consider Compass being taken private in their scenario analyses as a possibility over the next 12-24 month, the firm added, noting that the upgrade reflects the stock now trading at a current free cash flow yield approaching 20%.