Hedgeye analyst is Rob Simone named Iron Mountain as a new short idea in a note published last night, contacts tell The Fly. Following a recent positive inflection on pricing and internal growth, the firm sees “a slowdown already materializing,” said the firm, which added that “with volumes flat and literally never growing, all of IRM‘s growth comes on the pricing side,” according to contacts.
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Read More on IRM:
- AppLovin upgraded, Genpact downgraded: Wall Street’s top analyst calls
- Iron Mountain upgraded to Outperform on pricing trends at RBC Capital
- Iron Mountain upgraded to Outperform from Sector Perform at RBC Capital
- Iron Mountain raises quarterly dividend 5% to 65c per share
- Iron Mountain sees FY23 AFFO $3.91-$4.00, consensus $3.96
