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SmartStop Self Storage initiated with a Buy at Stifel

Stifel initiated coverage of SmartStop Self Storage (SMA) with a Buy rating and $40 price target SmartStop is a Maryland-based real estate investment trust specializing in owning an operating self-storage facilities in the U.S. and Canada, the analyst tells investors in a research note. The firm says the company has multiple avenues of both internal and external growth, while the shares trade at a discount to its self-storage peers.

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