Wells Fargo analyst Timur Braziler upgraded Columbia Banking (COLB) to Overweight from Equal Weight with a price target of $35, up from $33. The firm is more constructive given its desire to “own” the post Q1 2025 net interest income inflection, steeper curve, better early deposit betas, and regulatory relief. Wells cites the “underappreciated” deposit franchise at a historical discount, plus $8B of high-cost funding repricing through Q1 2025.
Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COLB: