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Compass price target raised to $5 from $4.10 at BTIG

BTIG analyst Soham Bhonsle raised the firm’s price target on Compass to $5 from $4.10 and keeps a Buy rating on the shares as part of a broader research note previewing Q2 results for residential brokerage names. The firm’s conviction around the company’s earnings power relative to its peers is the strongest at this time, the analyst tells investors in a research note.

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