Stifel lowered the firm’s price target on Columbia Sportswear (COLM) to $75 from $91 and keeps a Buy rating on the shares after guidance for 2025 is withdrawn due to tariff-related uncertainty despite “solid” Q1 results. Plans to maintain price in 2025 likely accelerate market share in the U.S. against a backdrop of competitors with less financial flexibility or pricing power, argues the firm, which looks to calendar year 2026 earnings power inclusive of a full year of tariff impacts as a basis of valuation.
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Read More on COLM:
- Columbia Sportswear price target lowered to $62 from $64 at Barclays
- Columbia Sportswear Reports Modest Q1 Growth Amid Tariff Uncertainty
- Columbia Sportswear Reports Q1 Results, Withdraws 2025 Outlook
- Columbia Sportswear reports Q1 EPS 75c, consensus 66c
- Columbia Sportswear withdraws FY25 guidance due to ‘macroeconomic uncertainty’