CompoSecure shares are trading higher after Berenberg initiated coverage on the stock with a Buy rating and announced a $13 price target.
Portfolio Pulse from Benzinga Newsdesk
Berenberg initiated coverage on CompoSecure (CMPO) with a Buy rating and a $13 price target, leading to an increase in the stock's trading.
June 13, 2023 | 5:03 pm
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POSITIVE IMPACT
CompoSecure's stock is trading higher after Berenberg initiated coverage with a Buy rating and a $13 price target.
The initiation of coverage by Berenberg with a Buy rating and a $13 price target is a positive signal for CompoSecure's stock. This news is likely to attract more investors and drive the stock price higher in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100