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Southside Bancshares initiated with a Market Perform at Raymond James

Southside Bancshares initiated with a Market Perform at Raymond James

Raymond James initiated coverage of Southside Bancshares (SBSI) with a Market Perform rating and no price target The bank is positioned to benefit from continued solid growth and in-migration trends in its markets, but the shares are fairly valued, the analyst tells investors in a research note.

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