Truist Securities Maintains Hold on Columbia Banking System, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Columbia Banking System (NASDAQ:COLB) while lowering the price target from $29 to $28.
September 20, 2024 | 2:52 pm
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Truist Securities has maintained a Hold rating on Columbia Banking System and lowered the price target from $29 to $28, indicating a slightly less optimistic outlook.
The Hold rating suggests that the stock is expected to perform in line with the market. The lowered price target from $29 to $28 indicates a slightly less optimistic view on the stock's potential, which could lead to a minor negative impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100