Wedbush Maintains Neutral on Columbia Banking System, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini maintains a Neutral rating on Columbia Banking System (NASDAQ:COLB) and raises the price target from $21 to $22.
October 19, 2023 | 3:38 pm
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Wedbush analyst maintains a Neutral rating on Columbia Banking System and raises the price target from $21 to $22.
The news is directly about Columbia Banking System (COLB). The analyst from Wedbush maintains a Neutral rating, indicating no significant change in the company's outlook. However, the price target has been raised from $21 to $22, which could suggest a slightly positive outlook. The impact on the stock price in the short term is likely to be neutral as the rating has not changed, but the raised price target may have a minor positive influence.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100