Baird lowered the firm’s price target on Columbia Sportswear (COLM) to $55 from $72 and keeps a Neutral rating on the shares. The firm updated its model following Q2 results which provided a lower outlook amid more tempered U.S. expectations.
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Read More on COLM:
- Columbia Sportswear price target lowered to $40 from $45 at UBS
- Columbia Sportswear Faces Tariff Challenges and Cost Pressures Leading to Hold Rating
- Columbia Sportswear price target lowered to $61 from $64 at Citi
- Columbia Sportswear Faces Domestic Challenges Amid Strong International Growth: Hold Rating Justified
- Columbia Sportswear price target lowered to $51 from $62 at Barclays