Truist Securities Maintains Hold on SouthState, Raises Price Target to $109
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on SouthState (NYSE:SSB) and raises the price target from $81 to $109.

July 29, 2024 | 4:41 pm
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POSITIVE IMPACT
Truist Securities has maintained a Hold rating on SouthState and increased the price target from $81 to $109.
The increase in the price target from $81 to $109 by Truist Securities suggests a positive outlook for SouthState's stock, which could lead to a short-term price increase. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100