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Columbia Banking price target raised to $33 from $31 at JPMorgan

JPMorgan analyst Anthony Elian raised the firm’s price target on Columbia Banking (COLB) to $33 from $31 and keeps a Neutral rating on the shares. The firm sees “solid upside potential” for the regional banks in 2026. Tailwinds for the group include additional Federal Reserve rate cuts, loan growth continuing, and the more mergers and acquisitions, the analyst tells investors in a research note.

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