Wells Fargo Maintains Overweight on Iron Mountain, Raises Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow maintains an Overweight rating on Iron Mountain (IRM) and raises the price target from $80 to $90.
March 15, 2024 | 11:51 am
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POSITIVE IMPACT
Wells Fargo has maintained its Overweight rating on Iron Mountain and increased the price target from $80 to $90.
The upgrade in the price target by a reputable analyst like Eric Luebchow suggests a strong confidence in Iron Mountain's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100