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

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

Author:

Global Cryptocurrency

Published:

2025-10-15 15:23:02

11

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BTCCSquare news:

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

The upgrade underscores growing institutional confidence in crypto infrastructure plays. While the market awaits broader adoption catalysts, CompoSecure's hardware wallet enhancements position it competitively in the digital asset security space.

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