Truist Securities Maintains Hold on Columbia Banking System, Lowers Price Target to $22
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Brandon King has maintained a 'Hold' rating on Columbia Banking System (NASDAQ:COLB) and lowered the price target from $23 to $22.

June 29, 2023 | 2:46 pm
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NEUTRAL IMPACT
Truist Securities has maintained a 'Hold' rating on Columbia Banking System and lowered the price target from $23 to $22.
The news directly pertains to Columbia Banking System (COLB) as Truist Securities has maintained a 'Hold' rating on the company and lowered the price target. This could potentially influence investor sentiment and trading decisions, but it does not necessarily indicate a change in the company's fundamentals. Therefore, the short-term impact on the stock price is neutral.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100