Scotiabank lowered the firm’s price target on MAA (MAA) to $180 from $194 and keeps an Outperform rating on the shares. The firm sees some softness in new lease pricing for the Spring selling season, likely due to a combination of lingering new supply and pockets of softer demand, the analyst tells investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on MAA: