JP Morgan analyst Reginald Smith initiates coverage on CompoSecure (NASDAQ:CMPO) with a Overweight rating and announces Price Target of $10.
Adidas Sells Reebok To Authentic Brands Group For $2.5B
Adidas ADR (OTC: ADDYY) has sold its Reebok brand to Authentic Brands Group, a New York City-based brand management company, for approximately $2.5 billion.