Scotiabank Upgrades Mid-America Apartment to Sector Perform, Raises Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Nicholas Yulico upgraded Mid-America Apartment (MAA) from Sector Underperform to Sector Perform and increased the price target from $133 to $147.
January 16, 2024 | 5:24 pm
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POSITIVE IMPACT
Scotiabank upgraded Mid-America Apartment from Sector Underperform to Sector Perform and raised the price target from $133 to $147.
Upgrades by analysts typically lead to a positive short term reaction in the stock price as they suggest improved performance or investment outlook. The increase in price target further supports the potential for stock price appreciation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100