Piper Sandler Maintains Neutral on Columbia Financial, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Fitzgibbon maintains a Neutral rating on Columbia Financial (NASDAQ:CLBK) and lowers the price target from $19 to $17.

May 01, 2024 | 1:58 pm
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NEGATIVE IMPACT
Piper Sandler maintains a Neutral rating on Columbia Financial and lowers the price target from $19 to $17.
The reduction in price target by Piper Sandler suggests a bearish outlook on Columbia Financial's short-term price potential, likely due to perceived challenges or limited upside at the current valuation. This adjustment could lead to a negative sentiment among investors, potentially impacting the stock's short-term performance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100