Wells Fargo Maintains Overweight on Columbia Banking System, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Jared Shaw has maintained an Overweight rating on Columbia Banking System (NASDAQ:COLB) but lowered the price target from $29 to $25.
July 20, 2023 | 12:44 pm
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Wells Fargo has maintained an Overweight rating on Columbia Banking System but lowered the price target from $29 to $25.
The news is directly related to Columbia Banking System (COLB). Wells Fargo's decision to maintain an Overweight rating indicates a positive outlook for the company. However, the lowering of the price target from $29 to $25 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
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