Citi analyst Benjamin Gerlinger raised the firm’s price target on South State (SSB) to $120 from $116 and keeps a Buy rating on the shares following the Q4 report. The firm cites the bank’s stronger earnings outlook for the target bump.
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Read More on SSB:
- 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
- South State reports Q4 non-GAAP EPS $2.47, consensus $2.28