JPMorgan analyst Anthony Elian raised the firm’s price target on Columbia Banking (COLB) to $28 from $26 and keeps a Neutral rating on the shares as part of a Q3 earnings preview for the small- and mid-cap banks. It expects bank fundamental trends to be highlighted by solid loan and deposit growth as well as increasing net interest margins.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLB:
- Columbia Banking initiated with a Hold at TD Cowen
- Columbia Banking added to Analyst Current Favorites list at Raymond James
- Columbia Banking upgraded to Strong Buy from Outperform at Raymond James
- Columbia Banking System Completes Major Acquisition
- Columbia Banking price target raised to $35 from $32 at Piper Sandler