Goldman Sachs analysts added MAA (MAA) to the firm’s US Conviction List as part of its monthly update. Goldman has a Buy rating on the shares with a $192 price target The company is well positioned to benefit from the ongoing U.S. internal migration to Sunbelt states at the same time as the post-pandemic apartment building surge appears to have peaked and is now receding, the analyst tells investors in a research note.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAA: