Wells Fargo Maintains Overweight on Columbia Banking System, Lowers Price Target to $23
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 $25 to $23.
October 04, 2023 | 1:07 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Wells Fargo has maintained an Overweight rating on Columbia Banking System but lowered the price target from $25 to $23.
The news is directly related to Columbia Banking System (COLB). While the Overweight rating is maintained, indicating a positive outlook, the lowering of the price target from $25 to $23 might create some uncertainty among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100