Columbia Banking price target raised to $30 from $29 at Barclays

Barclays analyst Jared Shaw raised the firm’s price target on Columbia Banking (COLB) to $30 from $29 and keeps an Equal Weight rating on the shares. The firm adjusted targets in the mid-cap bank group as part of its 2026 outlook. More differentiation in loan growth and book value expansion is expected within the group next year, the analyst tells investors in a research note.