RBC Capital Maintains Sector Perform on Columbia Banking System, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Jon Arfstrom maintains a Sector Perform rating on Columbia Banking System (NASDAQ:COLB) and lowers the price target from $25 to $21.
April 09, 2024 | 2:46 pm
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RBC Capital has maintained its Sector Perform rating on Columbia Banking System but reduced the price target from $25 to $21.
The reduction in price target by RBC Capital suggests a bearish outlook on Columbia Banking System's stock in the short term. This adjustment reflects the analyst's view on the stock's future performance, potentially influencing investor sentiment and stock price.
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IMPORTANCE 80
RELEVANCE 100