UBS raised the firm’s price target on Columbia Sportswear (COLM) to $51 from $42 and keeps a Sell rating on the shares. The firm thinks Columbia had a “decent Q1” and forecasts a 2c EPS beat, but adds that it believes tariff headwinds should weigh on its FY25 outlook and that the Q1 report is “unlikely a big stock catalyst.”
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: