CompoSecure price target raised to $25 from $21 at Lake Street

Lake Street raised the firm’s price target on CompoSecure (CMPO) to $25 from $21 and keeps a Buy rating on the shares after the company reported Q3 results that outperformed consensus on the top and bottom line and announced its first acquisition, acquiring injection molding equipment manufacturer Husky Technologies for $5B. The firm continues to see upside resulting from an improving margin profile and thinks the combined business presents an attractive long-term value creation opportunity, the analyst tells investors.