RBC Capital raised the firm’s price target on Iron Mountain (IRM) to $139 from $135 and keeps an Outperform rating on the shares. The company’s Q3 results met or bettered expectations on key financial metrics, the analyst tells investors in a research note. The firm says Iron Mountain posted solid operating metrics across multiple business segments, and augmented its datacenter power bank.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on IRM:
