Benchmark lowered the firm’s price target on CompoSecure (CMPO) to $14 from $17 and keeps a Buy rating on the shares after the company’s Q4 report “offered a mixed bag of metrics,” including a top-line miss and a bottom-line beat. Management’s FY25 guidance calls for mid-single digits growth versus the prior year for both revenue and adjusted EBITDA, weighed on by planned investments aimed at spurring growth and efficiency, the analyst added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CMPO:
- CompoSecure’s Strategic Investments and Leadership Drive Buy Rating Despite Share Price Dip
- CompoSecure Reports Strong 2024 Financial Performance
- CompoSecure’s Promising Growth and Strategic Positioning Justify Buy Rating
- Closing Bell Movers: MongoDB, Marvell Technology down double digits
- CompoSecure Completes Spin-Off of Resolute Holdings