StorageVault Canada Inc. (SVI:CA) — Scotiabank lowered its price target to C$5.75 from C$6.00. The target change represents a 4.2% decrease. StorageVault operates a network of self-storage properties across Canada. Looking ahead, investors will be watching occupancy, rental rates and returns on property investment. Refinancing costs, acquisition discipline, local competition and the cash contribution from existing stores remain important to the outlook.
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