Cowen & Company Initiates Mid-America With Outperform

Analysts at Cowen & Company initiated coverage on Mid-America Apartment Communities Inc MAA with a Outperform rating. The target price for Mid-America is set to $82. Mid-America shares have gained 2.44 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period. Mid-America shares fell 2.06 percent to close at $74.59 yesterday.