Columbia Sportswear price target raised to $51 from $42 at UBS

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.”