Morgan Stanley Maintains Equal-Weight on Mid-America Apartment, Raises Price Target to $129.5
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Adam Kramer has maintained an Equal-Weight rating on Mid-America Apartment (MAA) and increased the price target from $128 to $129.5.

February 26, 2024 | 4:07 pm
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Morgan Stanley has maintained an Equal-Weight rating on Mid-America Apartment and raised the price target to $129.5.
The increase in price target by Morgan Stanley suggests a positive outlook on MAA's stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target price signals analyst confidence in the company's prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100