Iron Mountain (IRM) Fine Art Storage, An Expansion Opportunity -Piper Jaffray

Iron Mountain (NYSE: IRM)
PiperJaffray analyst, George Tong, conducted an analysis of Iron Mountain's (NYSE: IRM) opportunity in the Fine Art storage market and believes it represents an attractive growth opportunity for Iron Mountain. IRM can effectively leverage its records storage infrastructure, chain of custody work, and integration experience to scale in a highly fragmented and growing industry. He views expansion into fine art storage, in addition to wholesale datacenters and emerging markets, as an appealing source of long-term growth and diversification for IRM.

No change to Overweight rating or price target of $44.00.

For an analyst ratings summary and ratings history on Iron Mountain click here. For more ratings news on Iron Mountain click here.

Shares of Iron Mountain closed at $38.35 yesterday.

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