RBC Capital Maintains Sector Perform on Mid-America Apartment, Lowers Price Target to $165
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Heffern maintains a Sector Perform rating on Mid-America Apartment (NYSE:MAA) but lowers the price target from $169 to $165.
November 01, 2024 | 5:25 pm
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RBC Capital has maintained its Sector Perform rating for Mid-America Apartment but has lowered the price target from $169 to $165, indicating a slightly less optimistic outlook.
The lowering of the price target by RBC Capital suggests a slightly less optimistic view on Mid-America Apartment's future performance, which could lead to a short-term negative impact on the stock price. The maintenance of the Sector Perform rating indicates that the stock is expected to perform in line with the market.
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