Stephens raised the firm’s price target on South State (SSB) to $120 from $110 and keeps an Overweight rating on the shares. The firm notes its raised its FY26 pre-provision net revenue forecast by 1.5% following earnings, citing above-peer loan growth, differentiated fee income momentum, active capital return, and above-peer return profile for its Overweight rating.
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
