Columbia Sportswear estimates raised ahead of report at Canaccord Canaccord raised Columbia Sportswear's price target to $71 from $61 and raised estimates ahead of Q4 results on Tuesday based on favorable winter weather that increased dmeand and cleared excess inventory. The firm raised Q4 EPS estimate to 98c from 89c and maintains its Hold rating.
News For COLM From The Last 14 Days
Check below for free stories on COLM the last two weeks.
On The Fly: Analyst Upgrade Summary Today's noteworthy upgrades include: Albemarle (ALB) upgraded to Buy from Hold at Topeka... American Capital Agency (AGNC) upgraded to Buy from Hold at Wunderlich... Bank of Hawaii (BOH) upgraded to Buy from Neutral at DA Davidson... Columbia Sportswear (COLM) upgraded to Hold from Sell at McAdams Wright... Costco (COST) upgraded to Conviction Buy from Neutral at Goldman... Ducommun (DCO) upgraded to Buy from Neutral at DA Davidson... Family Dollar (FDO) upgraded to Neutral from Underweight at Piper Jaffray... Ferrellgas Partners LP (FGP) upgraded to Neutral from Sell at Citigroup... Higher One (ONE) upgraded to Overweight from Underweight at Piper Jaffray... Landstar System (LSTR) upgraded to Buy from Hold at BB&T... MarkWest Energy (MWE) upgraded to Buy from Hold at Wunderlich... Matador (MTDR) upgraded to Outperform from Market Perform at BMO Capital... MicroStrategy (MSTR) upgraded at JMP Securities... Pharmacyclics (PCYC) upgraded to Outperform from Market Perform at Leerink... Provident Financial (PFS) upgraded at Sterne Agee... Sally Beauty (SBH) upgraded to Buy from Neutral at Citigroup... Tyson Foods (TSN) upgraded to Buy from Hold at Miller Tabak... WPX Energy (WPX) upgraded to Accumulate from Hold at Tudor Pickering... Zions Bancorp (ZION) upgraded at Bernstein.
Columbia Sportswear pullback a buying opportunity, says Nomura Nomura believes the pullback in Columbia Sportswear is a buying opportunity and notes the company's progress on product improvements and profitability. Shares are Buy rated with a $95 price target.