Columbia Sportswear price target raised to $47 from $44 at UBS

UBS raised the firm’s price target on Columbia Sportswear (COLM) to $47 from $44 and keeps a Sell rating on the shares. Columbia Sportswear is expected to deliver only modest long-term growth amid ongoing U.S. demand and competitive pressures, with tariff-related cost dynamics and macro headwinds limiting the earnings recovery outlook and leaving the current valuation looking stretched relative to a muted 5% EPS CAGR, the analyst tells investors in a research note.