Shares of Compass, Inc. (COMP) experienced a sharp decline in Friday's trading session, plummeting 13.07% as multiple Wall Street analysts lowered their price targets for the real estate technology company. The significant drop comes amid growing concerns about Compass's future performance in light of current market conditions.

Leading the bearish sentiment, Barclays made a notable reduction in its price target for Compass, cutting it from $9 to $8. This move was closely followed by Oppenheimer, which trimmed its target price from $13 to $12. These downgrades suggest that analysts are reassessing their expectations for Compass's growth potential and profitability in the near term.

Despite the steep decline and lowered price targets, it's worth noting that the overall Wall Street sentiment on Compass remains cautiously optimistic. According to analysts polled by FactSet, the company maintains an average rating of overweight, with a mean price target of $10.19. This indicates that while near-term headwinds are acknowledged, some analysts still see potential upside for the stock. Investors will likely be closely monitoring Compass's upcoming performance and any further analyst revisions in the coming weeks.