Information Provided By:
Fly News Breaks for May 23, 2017
COLM
May 23, 2017 | 05:58 EDT
Goldman Sachs analyst Lindsay Drucker Mann removed Columbia Sportswear from the Conviction Buy List due to lack of near-term catalysts given the company's cold-weather focused brands. The analyst continues to view Columbia as well positioned to generate sales and EBIT growth in a difficult retail environment and maintained a Buy rating and a $76 price target.