Wells Fargo analyst Eric Luebchow initiated coverage of SmartStop Self Storage (SMA) with an Overweight rating and $38 price target The firm has a favorable view of the company’s geographic mix, internal growth outlook and ability to outpace its peers on funds from operations growth. Wells believes SmartStop has “multiple levers” for greater than 10% FFO growth.
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 SMA:
- SmartStop Self Storage initiated with an Outperform at Raymond James
- Buy Rating for SmartStop Self Storage REIT, Inc. Driven by Unique Market Presence and Growth Potential
- Positive Outlook for SmartStop Self Storage REIT, Inc. Driven by Strategic Positioning and Growth Opportunities
- SmartStop Self Storage initiated with an Overweight at JPMorgan
- SmartStop Self Storage initiated with a Buy at Stifel