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CompoSecure price target raised to $19 from $17 at TD Cowen

TD Cowen analyst Moshe Orenbuch raised the firm’s price target on CompoSecure (CMPO) to $19 from $17 and keeps a Buy rating on the shares. The firm said they reported 2Q EPS of $0.25, above the estimate of $0.22 and consensus of $0.21, as metal card sales accelerated given a number of high-end product launches and refreshes in the U.S. market.

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