Mid-America Apartment Communities (NYSE:MAA) Given New $147.00 Price Target at Morgan Stanley

Morgan Stanley has lowered its price target for Mid-America Apartment Communities (NYSE:MAA) from $155.00 to $147.00, while maintaining an "overweight" rating, suggesting an 11.46% upside. Other brokerages have also adjusted their price targets, resulting in an overall "Hold" consensus rating and an average target of $144.88 for MAA. The article also notes recent insider stock acquisitions and institutional investor activity in MAA shares.