MAA price target lowered to $171 from $174 at Truist

Truist lowered the firm’s price target on MAA (MAA) to $171 from $174 but keeps a Buy rating on the shares. Notwithstanding potentially slowing U.S. employment growth, the stock’s momentum may continue with historic new supply in the REIT’s markets abating and fundamental recovery likely to become more evident late this year, throughout 2026 and into 2027, the analyst tells investors in a research note. Mid-America is also the second-best performing apartment REIT in the firm’s coverage universe year-to-date, Truist added.