Iron Mountain price target raised to $91 from $79 at Barclays

Barclays analyst Brendan Lynch raised the firm’s price target on Iron Mountain to $91 from $79 and keeps an Overweight rating on the shares as part of a broader research note on U.S. Communication Infrastructure. The company’s organic growth reflects steady pricing improvements in the storage business, and the firm sees upside from memory pricing as the company sells its consigned inventory, the analyst tells investors in a research note.