Truist analyst Tobey Sommer initiated coverage of Iron Mountain (IRM) with a Buy rating and $95 price target Iron Mountain is poised to drive a valuation enhancing mix-shift toward the company’s Data Center segment, the analyst tells investors in a research note. The company’s Records and Information Management segment is defensive and significantly cash flow generative, the firm says. Truist’s Bull Case scenario suggests 5% and 8% potential upside to its 2026 revenue and EBITDA estimates.
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