Truist Securities Maintains Hold on SouthState, Lowers Price Target to $103
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on SouthState (NYSE:SSB) while lowering the price target from $111 to $103.
October 28, 2024 | 1:07 pm
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Truist Securities has maintained a Hold rating on SouthState and lowered the price target from $111 to $103, indicating a more cautious outlook.
The lowering of the price target from $111 to $103 by Truist Securities suggests a less optimistic view on SouthState's future performance, which could lead to a negative short-term impact on the stock price. The Hold rating indicates that the stock is expected to perform in line with the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100