Truist Securities Maintains Hold on SouthState, Lowers Price Target to $89
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King has maintained a Hold rating on SouthState (NYSE:SSB) and lowered the price target from $90 to $89.

April 01, 2024 | 12:40 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Truist Securities maintains a Hold rating on SouthState and lowers the price target from $90 to $89.
The adjustment in price target by Truist Securities reflects a minor revision in their valuation of SouthState, likely due to updated financial analysis or market conditions. However, maintaining a Hold rating indicates that the analyst does not foresee significant short-term price movement. The slight decrease in the price target may have a marginal negative impact, but the overall neutral stance suggests limited short-term volatility.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90