Raymond James has updated its “Analyst Current Favorites” list by adding Mid-America Apartment Communities (MAA, Financial), citing robust momentum in multifamily housing fundamentals. The firm believes that the rental market exceeded expectations in the first quarter, positioning MAA favorably as the largest player in the apartment sector. This makes MAA an attractive investment opportunity, as it is considered an unconventional choice with a compelling entry point.
In contrast, Raymond James has decided to remove M/I Homes (MHO) and Starwood Property Trust (STWD) from its preferred list. The decision to exclude M/I Homes follows recent tariff issues, which have significantly disrupted homebuyer interest during a crucial period of the spring selling season. This disruption has led to a reevaluation of MHO’s positioning amid the current market conditions.
