UBS lowered the firm’s price target on Columbia Sportswear (COLM) to $38 from $40 and keeps a Sell rating on the shares. While Columbia Sportswear’s portfolio of outdoor brands is capable of delivering modest long-term growth, its “lackluster” Q3 report and FY25 sales guidedown reinforced conviction that its topline challenges will likely persist in FY26, the analyst tells investors in a research note.
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