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

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

Author:

Global Cryptocurrency

Published:

2025-10-15 14:14:02

16

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BTCCSquare news:

Wall Street broker Benchmark has increased its price target for CompoSecure (NYSE: CMPO) to $24 from $17, driven by operational momentum, potential M&A opportunities, and a significant product upgrade from its Arculus cryptocurrency wallet division. The stock rose 2.7% in early trading to around $21.

Investors are closely watching developments in CompoSecure's crypto-focused unit, which could signal broader institutional confidence in digital asset infrastructure. The Arculus upgrade underscores the growing convergence between traditional finance and blockchain technology.

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