Wedbush Upgrades Columbia Banking System to Outperform, Raises Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst David Chiaverini has upgraded Columbia Banking System (NASDAQ:COLB) from Neutral to Outperform and increased the price target from $28 to $31.
September 24, 2024 | 11:23 am
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Wedbush has upgraded Columbia Banking System to Outperform and raised its price target to $31, indicating a positive outlook for the stock.
The upgrade from Neutral to Outperform by Wedbush suggests increased confidence in Columbia Banking System's future performance. The raised price target from $28 to $31 indicates expectations of stock price appreciation, likely leading to positive investor sentiment and potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100