Truist raised the firm’s price target on Columbia Banking (COLB) to $30 from $28 and keeps a Hold rating on the shares. Improved operational efficiency should help drive pre-provision net revenue growth in 2025, the analyst tells investors in a research note. The firm believes shares remain close to fairly valued.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLB:
- Columbia Banking price target raised to $35 from $31 at Wedbush
- Columbia Banking price target raised to $30 from $28 at Wells Fargo
- Columbia Banking price target raised to $31 from $29 at RBC Capital
- Columbia Banking price target raised to $29 from $25 at Barclays
- Columbia Banking System Reports Strong Q3 2024 Results