Compass Minerals International (CMP) Soars 4.89% on Fourth Day of Gains

Compass Minerals International (CMP) shares surged 4.89% today, marking the fourth consecutive day of gains, with a total increase of 10.08% over the past four days. The stock price reached its highest level since February 2025, with an intraday gain of 5.76%.

BMO Capital Markets recently lowered its price target for Compass Minerals International from $18.00 to $17.00 and assigned a "market perform" rating. This downgrade could potentially dampen investor sentiment and exert downward pressure on the stock price.

In response to evolving business needs, Compass Minerals International has implemented cost-cutting measures. While these initiatives aim to enhance operational efficiency, they may also impact the company's financial performance, thereby influencing its stock price.