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Compass price target raised to $6 from $5 at Barclays

Barclays raised the firm’s price target on Compass (COMP) to $6 from $5 and keeps an Equal Weight rating on the shares. The company’s Q3 EBITDA came in slightly above guidance with controlled spending and its new product offerings are encouraging for its “30:30 share gain strategy though structural path for commission rates remains unclear,” the analyst tells investors in a research note.

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