Compass price target lowered to $2.50 from $3.50 at Barclays

Barclays analyst Matthew Bouley lowered the firm’s price target on Compass to $2.50 from $3.50 and keeps an Equal Weight rating on the shares. The company’s EBITDA was in-line with guidance but near-term market activity under pressure, commission splits are mixing unfavorably, and future broker commission rates are uncertain, the analyst tells investors in a research note.