Needham raised the firm’s price target on CompoSecure (CMPO) to $22 from $18 and keeps a Buy rating on the shares. The company’s customer base is putting up strong card growth, which the firm believes will persist through at least 2026, the analyst tells investors in a research note. Fintech offerings are just now ramping up, with many having only been launched in 2025, the firm added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMPO:
- CompoSecure’s Robust Growth and Fintech Expansion Drive Buy Rating and Increased Price Target
- CompoSecure price target raised to $24 from $17 at Benchmark
- CompoSecure CEO Tim Fitzsimmons to retire, Mary Holt to succeed
- CompoSecure’s Arculus, N.exchange announce partnership
- CompoSecure management to meet with Lake Street
