Truist Securities Maintains Hold on Columbia Banking System, Raises Price Target to $29
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Brandon King maintains a Hold rating on Columbia Banking System (NASDAQ:COLB) and raises the price target from $20 to $29.
July 29, 2024 | 4:38 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Truist Securities has maintained its Hold rating on Columbia Banking System and increased the price target from $20 to $29.
The increase in the price target from $20 to $29 by Truist Securities suggests a positive outlook for Columbia Banking System, which could lead to a short-term increase in the stock price. However, the Hold rating indicates that the stock may not outperform the market significantly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100