What 9 Analyst Ratings Have To Say About Columbia Banking System
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Columbia Banking System (NASDAQ: COLB) over the past quarter, with a notable decrease in the average 12-month price target by 5.7%. The current average price target is $22.0, with a high of $27.00 and a low of $20.00. Analysts' actions include maintaining, raising, and lowering ratings, reflecting varied sentiments about the company's performance.
June 27, 2024 | 5:00 pm
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Columbia Banking System (NASDAQ: COLB) has received mixed analyst ratings, with a decrease in the average 12-month price target by 5.7%. The current average price target is $22.0, with a high of $27.00 and a low of $20.00. Analysts' actions include maintaining, raising, and lowering ratings, reflecting varied sentiments about the company's performance.
The mixed analyst ratings and the decrease in the average price target indicate uncertainty about Columbia Banking System's short-term performance. While some analysts maintain or raise their ratings, others have lowered their expectations, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100