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Fly News Breaks for June 17, 2016
IRM
Jun 17, 2016 | 06:54 EDT
Piper Jaffray analyst George Tong says his analysis of the fine art storage market indicates it represents an "attractive growth opportunity" for Iron Mountain. The company can use it records storage infrastructure, chain of custody work and integration experience to scale in a highly fragmented and growing industry, Tong tells investors in a research note. He reiterates an Overweight rating on Iron Mountain with a $44 price target.
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