B. Riley Is Bullish On CompoSecure, Sees Sharp Upside

January 7, 2022 11:22 AM | 1 min read |

B. Riley analyst Steve Moss initiated CompoSecure Inc CMPO with a Buy rating and a price target of $17, implying an upside of 131.6%.
Moss mentions that the company is a premium metal card maker and emergent crypto cold storage provider.
Moss expects CompoSecure's revenue growth to accelerate as the economic reopening drives metal card issuance.
The analyst says the company's new crypto cold storage product, Arculus, "adds considerable upside optionality" from potential white-label partnerships.
Price Action: CMPO shares are trading higher by 5.46% at $7.34 on the last check Friday.