BUZZ-J.P. Morgan upgrades CompoSecure to 'neutral'; raises PT
J.P. Morgan has upgraded CompoSecureto 'neutral' from 'underweight' and raised its price target to $20 from $16. The upgrade reflects the company's improving performance, with organic growth hitting 13% and expectations of 10% growth in FY26. The stock rose nearly 1.25% to $21.08, and is up approximately 65.7% year-to-date. Five of six brokerages rate the stock as 'buy' or higher, with a median price target of $25.
Financial card maker CompoSecure’s shares (CMPO.N) rise almost 1.25% to $21.08 during morning trading
J.P. Morgan upgrades CMPO to “neutral” from “underweight”; raises PT to $20 from $16
Brokerage cites the upgrade was tied to the company’s improving business performance as its organic growth hit 13% and management expectations to hit 10% growth in FY26
“We are encouraged by the reacceleration in organic growth (to ~10% through 2026) and recent margin expansion, which appears to be sustainable,” says J.P. Morgan
Also said the management raised their FY25 and FY26 forecasts, showing confidence in future performance, expecting high-teens growth in Q4
Five of six brokerages rate the stock “buy” or higher and one “hold”; their median PT is $25 - data compiled by LSEG
Including session’s moves, stock up nearly 65.7% YTD
