Compass Point Maintains Buy on CompoSecure, Lowers Price Target to $12
Portfolio Pulse from Benzinga Newsdesk
Compass Point analyst Chase White has maintained a 'Buy' rating on CompoSecure (NASDAQ:CMPO) but lowered the price target from $15 to $12.
August 15, 2023 | 1:59 pm
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Compass Point has maintained a 'Buy' rating on CompoSecure but lowered the price target from $15 to $12.
The news is directly related to CompoSecure. While the 'Buy' rating is maintained, the lowering of the price target might indicate a potential decrease in the short-term stock price. However, the impact is not necessarily negative as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100