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Fly News Breaks for May 1, 2019
SSB
May 1, 2019 | 07:59 EDT
SunTrust analyst Jennifer Demba raised her price target on South State to $85 and kept her Buy rating after its in-line Q1 earnings, saying the company's lower revenue growth was offset by higher share repurchases and reduced costs. The analyst is also positive on South State's efforts to increase balance sheet liquidity and boost its capital return targets.
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