B. Riley Increases Price Target for Compass Diversified (CODI) to $10.50
B. Riley analyst Timothy D’Agostino raised the price target on Compass Diversified (CODI) to $10.50 from $8, citing the sale of the Sterno subsidiary as a positive development. The company plans to use proceeds from the sale to reduce debt and expects its leverage ratio to fall below 1.0x.
Tickers: $CODI
Topics: B. Riley Compass Diversified Divestiture Price Target Stock Analysis