RBC Capital Reiterates Sector Perform on Columbia Banking System, Maintains $26 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Jon Arfstrom has reiterated a 'Sector Perform' rating on Columbia Banking System (NASDAQ:COLB) and maintained a price target of $26.
July 20, 2023 | 1:57 pm
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RBC Capital has reiterated its 'Sector Perform' rating on Columbia Banking System and maintained a price target of $26.
The reiteration of the 'Sector Perform' rating and maintenance of the price target by RBC Capital indicates that the analyst believes the stock is fairly valued at its current price. This is unlikely to have a significant impact on the stock's price in the short term, but it does provide investors with a benchmark for the stock's value.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100