Barclays lowered the firm’s price target on Columbia Sportswear (COLM) to $62 from $64 and keeps an Equal Weight rating on the shares. The company’s Q1 results were slightly ahead of expectations and it maintained the first half outlook on sales while withdrawing full year guidance, the analyst tells investors in a research note. The firm says Columbia may be well positioned to take share in the second half of 2025, but that overall demand is highly uncertain.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLM: