Barclays Maintains Equal-Weight on Columbia Banking System, Raises Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Jared Shaw maintains an Equal-Weight rating on Columbia Banking System (NASDAQ:COLB) and raises the price target from $24 to $25.
September 27, 2024 | 2:27 pm
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Barclays analyst Jared Shaw maintains an Equal-Weight rating on Columbia Banking System and raises the price target from $24 to $25, indicating a slightly positive outlook.
The increase in the price target from $24 to $25 by Barclays suggests a slightly positive outlook for Columbia Banking System. The maintenance of an Equal-Weight rating indicates that the stock is expected to perform in line with the market. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100