Colliers Securities has downgraded Mid-America Apartment Communities (NYSE:MAA) from a “moderate buy” to a “hold” rating. This follows several other firms adjusting their price targets or ratings for the REIT. The company recently reported earnings that missed analyst expectations, although its revenue was close to estimates.
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Colliers Securities Downgrades Mid-America Apartment Communities (NYSE:MAA) to Hold
Colliers Securities has downgraded Mid-America Apartment Communities (NYSE:MAA) from a “moderate buy” to a “hold” rating. This follows several other firms adjusting their price targets or ratings for the REIT. The company recently reported earnings that missed analyst expectations, although its revenue was close to estimates.