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
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100