B. Riley Securities Maintains Buy on CompoSecure, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Hal Goetsch maintains a Buy rating on CompoSecure (NASDAQ:CMPO) and raises the price target from $17 to $18.
May 10, 2024 | 1:47 pm
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B. Riley Securities has maintained a Buy rating on CompoSecure and increased the price target from $17 to $18, indicating a positive outlook on the stock.
The upgrade in the price target by a reputable analyst firm like B. Riley Securities typically signals a strong conviction in the company's future performance, potentially leading to increased investor confidence and a positive short-term price movement.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100