TD Cowen analyst Janet Lee lowered the firm’s price target on South State (SSB) to $120 from $127 and keeps a Buy rating on the shares. The firm noted its earnings beat consensus and was driven in part by higher loan accretion while a tempered deposit beta outlook weighed. Yet, organic growth momentum is building with loan growth poised to accelerate in 2026, supported by strong pipelines in both its new and legacy markets.
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