UBS Maintains Sell on Columbia Sportswear, Lowers Price Target to $59
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jay Sole maintains a Sell rating on Columbia Sportswear (NASDAQ:COLM) and lowers the price target from $62 to $59.
February 02, 2024 | 7:05 pm
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UBS analyst Jay Sole maintains a Sell rating on Columbia Sportswear and lowers the price target from $62 to $59.
The reduction in price target by UBS, accompanied by a maintained Sell rating, suggests a negative outlook on Columbia Sportswear's stock performance in the short term. This could lead to a decrease in investor confidence and potentially lower stock prices.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100