Needham Reiterates Buy on CompoSecure, Maintains $15 Price Target
Portfolio Pulse from richadhand@benzinga.com
Needham analyst John Todaro has reiterated a 'Buy' rating on CompoSecure (NASDAQ:CMPO) and maintained a price target of $15.
August 15, 2023 | 11:23 am
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Needham analyst John Todaro has reiterated a 'Buy' rating on CompoSecure and maintained a price target of $15.
The reiteration of a 'Buy' rating by a reputable analyst like John Todaro from Needham is a positive signal for CompoSecure. The maintained price target of $15 indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100