Benchmark Hikes CompoSecure Price Target to $24 on Arculus Crypto Upgrade

Markets, Arculus, Crypto Wallets, Benchmark, Analysts, News The broker sees CMPO shares gaining from operational momentum and Arculus’s new trading features, with M&A potential still offering upside. 

Wall Street broker Benchmark has raised its price target on NYSE-listed CompoSecure (CMPO) to $24 from $17, citing operational momentum, growing M&A optionality, and a key product upgrade from its Arculus crypto wallet unit.

The stock was 2.7% higher in early trading, around $21.

While investors have been awaiting a …

 CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Read More

More From Author

SoloTex Set to Bring Tokenized Stocks to U.S. Retail Traders With FINRA Green Light

Crypto Miner Bitdeer Surges 30% as Company Pushes Deeper Into AI and Data Center Expansion

Leave a Reply

Your email address will not be published. Required fields are marked *