BofA analyst Cassie Chan raised the firm’s price target on CompoSecure to $10 from $9 and keeps a Buy rating on the shares following the company’s “robust 2Q beat-and-raise” and the announcement that Resolute Holdings will acquire a majority interest. CompoSecure also announced the expanded partnership with Fiserv for marketing and re-selling of Arculus Authenticate, notes the firm, which cites strong execution and competitive position in the premium metal card manufacturing market for its Buy rating on the shares.
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