SmartStop Self Storage REIT, Inc. (NYSE:SMA) is among the 11 Newly-Listed NYSE Stocks to Buy Now.
On February 5, 2026, Wells Fargo downgraded SmartStop Self Storage REIT, Inc. (NYSE:SMA) to Equal Weight from Overweight and lowered its price target to $33 from $41. The firm said it is “slightly cautious” on storage real estate investment trusts ahead of Q4 earnings. While the group has moved higher on housing-related optimism, Wells Fargo expects 2026 guidance to come in modestly below Street expectations and anticipates a notable slowdown in SmartStop’s same-store revenue growth next year.
In late January, Scotiabank analyst Nicholas Yulico reduced the price target to $35 from $36 and maintained an Outperform rating. Nicholas Yulico said SmartStop is the only self-storage REIT in the firm’s coverage that can offset churn-related losses through its existing customer rate increase strategy. Truist analyst Ki Bin Kim also trimmed the price target to $38 from $39 while keeping a Buy rating as part of the firm’s 2026 outlook for the REIT sector. Truist said fundamentals are improving as new supply moderates and demand remains steady for high-quality assets, though valuations do not appear especially inexpensive. Truist is relatively bullish on healthcare, industrial, strip retail, gaming, and lodging REITs, neutral on manufactured housing, multifamily, self-storage, and triple net, and more cautious on mall and office.
SmartStop Self Storage REIT, Inc. (NYSE:SMA) is a self-managed REIT with an integrated team focused on expanding the SmartStop Self Storage brand.
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