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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100