UPDATE: Stifel Nicolaus Downgrades Iron Mountain to Hold on Less Likely REIT Conversion
June 07, 2013 at 11:17 AM EDT
In a report published Friday, Stifel Nicolaus analyst Shlomo Rosenbaum downgraded the rating Iron Mountain (NYSE: IRM ) from Buy to Hold and removed the $42.00 price target. In the report, Stifel Nicolaus noted, “We are lowering our rating on the IRM shares from Buy to Hold since we believe