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SmartStop Self Storage initiated with an Outperform at Baird

Baird analyst Wesley Golladay initiated coverage of SmartStop Self Storage (SMA) with an Outperform rating and $38 price target The firm believes SmartStop is well positioned to deliver strong earnings growth and views the stock’s valuation as attractive. SmartStop’s opportunity to expand throughout the Canadian market and add density in many U.S. markets will be key drivers of growth, the analyst tells investors in a research note.

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