Benchmark Raises CompoSecure Price Target to $24 Following Arculus Crypto Wallet Upgrade

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Benchmark Raises CompoSecure Price Target to $24 Following Arculus Crypto Wallet Upgrade

Wall Street brokerage firm Benchmark has increased its price target for NYSE-listed CompoSecure (CMPO) from $17 to $24, driven by strong operational performance, expanding merger and acquisition opportunities, and a significant product enhancement from its Arculus cryptocurrency wallet division. The stock rose 2.7% in early trading, reaching approximately $21, as investors anticipate continued growth from these developments.
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