DA Davidson raised the firm’s price target on South State (SSB) to $119 from $112 and keeps a Buy rating on the shares after its Q4 earnings beat. The company’s quarter was above expectations, and the firm maintains a positive outlook for 2026 based on the loan growth outlook, stable net interest margin, and fee income traction, the analyst tells investors in a research note.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSB:
- South State price target raised to $120 from $116 at Citi
- South State price target raised to $126 from $122 at Barclays
- SouthState Corporation: Superior Profitability, Capital Strength, and Growth Outlook Support Buy Rating and Valuation Premium
- South State price target raised to $120 from $115 at Raymond James
- SouthState Corporation Reports Strong Q4 Results, Boosts Shareholder Returns