Mid-America Apartment Communities (MAA) shares were down 1.3% in Thursday trading after Scotiabank downgraded the stock to sector underperform from sector perform and lowered the price target to $120 from $138.
Trading volume stood at more than 422,700 shares, compared with a daily average of about 943,000.
Price: $127.57, Change: $-1.78, Percent Change: -1.37%