SunTrust Robinson Humphrey Initiates Southside Bancshares At Neutral

SunTrust Robinson Humphrey initiated coverage on

with a Neutral rating. The target price for Southside Bancshares is set to $30. Southside Bancshares shares have dropped 3.50% over the past 52 weeks, while the S&P 500 index has gained 14.83% in the same period. Southside Bancshares shares rose 0.35% to close at $28.37 on Friday.