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MAA price target lowered to $153 from $170 at Piper Sandler

Piper Sandler lowered the firm’s price target on MAA (MAA) to $153 from $170 and keeps a Neutral rating on the shares. The firm adjusted real estate models with Q2 earnings underway. The earnings season thus far has shown retail and office stronger, while apartments have been weaker, the analyst tells investors in a research note.

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