What 4 Analyst Ratings Have To Say About CompoSecure
Portfolio Pulse from Benzinga Insights
In the last quarter, CompoSecure (NASDAQ:CMPO) received 4 analyst ratings, with 3 being bullish, 1 somewhat bullish, and none being bearish or indifferent. The average price target for the stock is $12.25, which is significantly higher than its current price of $6.52. This average price target has increased by 6.52% from the previous average of $11.50.
August 22, 2023 | 2:01 pm
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POSITIVE IMPACT
CompoSecure has received positive analyst ratings, which could boost investor confidence and potentially drive the stock price up in the short term.
Analyst ratings often influence investor sentiment. In this case, the majority of the ratings for CompoSecure are bullish, which could lead to increased investor confidence and buying activity, potentially driving the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100