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Columbia Sportswear price target lowered to $47 from $58 at BofA

BofA lowered the firm’s price target on Columbia Sportswear (COLM) to $47 from $58 and keeps an Underperform rating on the shares following quarterly results. The firm cites challenges in the U.S. marketplace. BofA is lowering its 2025 EPS to $3.05 from $3.45, which reflects $35M of incremental COGS pressure in the second half of the year based on 10% universal tariff and 30% China tariff.

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