BUZZ-J.P. Morgan upgrades CompoSecure to 'neutral'; raises PT

Reuters11-12
BUZZ-J.P. Morgan upgrades <a href="https://laohu8.com/S/CMPO">CompoSecure</a> to 'neutral'; raises PT

** Financial card maker CompoSecure's shares CMPO.N rise almost 1.25% to $21.08 during morning trading

** J.P. Morgan upgrades CMPO to "neutral" from "underweight"; raises PT to $20 from $16

** Brokerage cites the upgrade was tied to the company's improving business performance as its organic growth hit 13% and management expectations to hit 10% growth in FY26

** "We are encouraged by the reacceleration in organic growth (to ~10% through 2026) and recent margin expansion, which appears to be sustainable," says J.P. Morgan

** Also said the management raised their FY25 and FY26 forecasts, showing confidence in future performance, expecting high-teens growth in Q4

** Five of six brokerages rate the stock "buy" or higher and one "hold"; their median PT is $25 - data compiled by LSEG

** Including session's moves, stock up nearly 65.7% YTD

(Reporting by Anuj T in Bengaluru)

((anuj.t@thomsonreuters.com))

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