SmartStop Self Storage REIT, Inc. (NYSE:SMA) is one of the 11 Newly-Listed NYSE Stocks to Buy Now. Wells Fargo downgraded SMA to Equal Weight and lowered its price target to $33, citing caution on storage REITs and expecting a slowdown in revenue growth next year.

Scotiabank analyst Nicholas Yulico reduced the price target for SMA to $35 and maintained an Outperform rating. Truist analyst Ki Bin Kim also trimmed the price target to $38 and kept a Buy rating, expecting improvement in fundamentals for the REIT sector.

SmartStop Self Storage REIT, Inc. is a self-managed REIT focusing on expanding the SmartStop Self Storage brand. While SMA shows investment potential, there are AI stocks with greater upside potential and less downside risk.

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Read more at Yahoo Finance: Wells Fargo Downgrades SmartStop Self Storage REIT, Inc. (SMA) to Equal Weight and Lowers its price target to $33