Columbia Financial price target lowered to $15.50 from $16 at Piper Sandler

Piper Sandler analyst Mark Fitzgibbon lowered the firm’s price target on Columbia Financial (CLBK) to $15.50 from $16 and keeps a Neutral rating on the shares following quarterly results. While the firm would characterize it as a solid quarter for the company, Piper does not expect the stock to react much to the quarterly results.