SouthState Bank Corp
No enriched coverage for $SSB in the last 7 days.
No SEC Form 4 filings for $SSB in the last 30 days.
JPMorgan Chase & Co. has lowered its price target for SouthState Bank (NYSE:SSB) from $120.00 to $110.00 while maintaining an "overweight" rating. This new target suggests a potential upside of 17.54% from the stock's previous close. Despite this adjustment, analyst sentiment remains largely positive, with a consensus "Buy" rating and an average target price of $118.71 across several firms.
Franklin Resources Inc. significantly reduced its stake in SouthState Bank Corporation (NYSE:SSB) by 9.3% in the 3rd quarter, selling over 164,000 shares. Despite this, other institutional investors have increased their positions. Analyst ratings for SouthState Bank are predominantly positive, with an average "Buy" rating and a target price of $118.71.
Raymond James Financial has raised its price target for SouthState Bank (NYSE:SSB) from $110.00 to $115.00, maintaining a "strong-buy" rating and suggesting an 18.42% potential upside. This positive forecast comes amidst other analysts also setting "buy" or "overweight" ratings for SSB. The company recently reported strong earnings, surpassing consensus estimates, and institutional investors hold a significant portion of its stock.
