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South State price target raised to $105 from $101 at Stephens

South State price target raised to $105 from $101 at Stephens

Stephens raised the firm’s price target on South State (SSB) to $105 from $101 and keeps an Equal Weight rating on the shares. Operating EPS of $1.90 beat consensus of $1.65, benefiting from a negative provision, notes the analyst, who argues that counter-cyclical fee catalysts in fixed income and mortgage “should become a more meaningful catalyst” across 2025.

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