Benchmark Hikes CompoSecure Price Target to $24 on Arculus Crypto Upgrade

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Wall Street broker Benchmark has raised its price target on NYSE-listed CompoSecure (CMPO) to $24 from $17, citing operational momentum, growing M&A optionality, and a key product upgrade from its Arculus crypto wallet unit.

The stock was 2.7% higher in early trading, around $21.

While investors have been awaiting a ...