Raymond James upgraded SouthState Corporation (SSB) to outperform with a target price of $90.

Raymond James upgraded SouthState Corporation (SSB) from market perform to outperform, with a target price of $90.00. The upgrade follows SouthState's Q1 earnings report, which saw the company surpass expectations with earnings of $1.58/share. The bank's dividend payout ratio is currently 33.93%. Most analysts have a Hold rating on the stock, with a consensus rating and price target both at "Hold".

May 25, 2024
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