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Barclays Remains a Buy on Iron Mountain (IRM)

Tipranks - Tipranks - Thu Jul 2, 3:50AM CDT

In a report released today, Brendan Lynch from Barclays maintained a Buy rating on Iron Mountain, with a price target of $143.00.

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According to TipRanks, Lynch is an analyst with an average return of -1.8% and a 44.72% success rate. Lynch covers the Real Estate sector, focusing on stocks such as Uniti Group, SBA Communications, and Public Storage.

Currently, the analyst consensus on Iron Mountain is a Strong Buy with an average price target of $142.86.

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Based on Iron Mountain’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.94 billion and a net profit of $143.67 million. In comparison, last year the company earned a revenue of $1.59 billion and had a net profit of $15.95 million

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