Raymond James adds MAA to ‘Analyst Current Favorites,’ removes two

Raymond James analysts added MAA (MAA) to the firm’s “Analyst Current Favorites” list while removing M/I Homes (MHO) and Starwood Property (STWD). The firm sees multifamily fundamentals “continuing to gain momentum” and says rental demand in Q1 appears to have exceeded all expectations. MAA continues to represent an “out-of-consensus idea,” trading at an attractive entry point for the industry’s largest apartment operator, the analyst tells investors in a research note. On M/I Homes, Raymond James says the tariff “turmoil” of the past few weeks has materially disrupted buyer momentum during one of the more critical demand windows of the current spring selling season.