BUZZ-Barclays lifts Compass to 'overweight'; shares rise

Reuters
2025.12.08 12:29
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Barclays upgraded Compassto "overweight" from "equal-weight," raising the price target to $13 from $9, citing synergies from its HOUS deal and potential upside from existing home sales. Shares rose about 3% premarket to nearly $11. Despite lower rates, uncertainties around Fed cuts and housing affordability persist. Four brokerages rate the stock "buy" or higher, four "hold," with a median price target of $10. Compass stock has risen 76.4% YTD.