MAA upgraded to Buy from Neutral at Goldman Sachs
The Fly

MAA upgraded to Buy from Neutral at Goldman Sachs

Goldman Sachs analyst Chandni Luthra upgraded MAA to Buy from Neutral with a price target of $194, up from $178. The analyst thinks MAA’s "modest price point" would benefit in a tougher economic environment with potential for trade-down. Luthra is also positive on MAA’s lowest leverage in the group, "suggesting acquisition opportunities from distressed merchant builders."

Published first on TheFly

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