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UPDATE: Goldman Sachs Resumes Columbia Sportswear Company with Neutral Rating on Attractive View

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Cowen & Company Initiates Columbia Sportswear With Market Perform

In a report published Thursday, Goldman Sachs analyst Lindsay Drucker Mann resumed coverage on Columbia Sportswear Company (NASDAQ: COLM) with a Neutral rating and $60.00 price target.

In the report, Mann noted, “We resume coverage of COLM with a $60, six-month price target and Neutral rating relative to our Attractive coverage view. COLM's focus and investment behind innovative product is a positive; near-term, however, we see more compelling opportunities in the athletic sector and view other brands as better positioned to capture market share in the Outdoor and Action sports segment.”

Columbia Sportswear Company closed on Wednesday at $58.63.

Latest Ratings for COLM

DateFirmActionFromTo
May 2015Cowen & CompanyInitiates Coverage onMarket Perform
May 2015B. RileyInitiates Coverage onNeutral
May 2015Canaccord GenuityMaintainsHold

View More Analyst Ratings for COLM
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