Iron Mountain price target raised to $103 from $86 at Stifel

Stifel raised the firm’s price target on Iron Mountain to $103 from $86 and keeps a Buy rating on the shares. The firm expects business fundamentals to be strong in Q2 and for the fundamentals to continue to be strong for the next several years, the analyst tells investors. In addition, the firm thinks Iron Mountain’s metrics will continue to screen well versus the broader REIT group.