UBS Lowers Columbia Sportswear Price Target to $40, Reiterates Sell Rating

UBS has cut its price target for Columbia Sportswear from $45 to $40, while maintaining a Sell rating. The firm acknowledges steady long-term expansion for outdoor brands but notes persistent obstacles hindering earnings per share growth, including rising competition, disappointing Q3 results, and subdued revenue forecast for FY25. Tariff-related pressures are expected to limit near-term profit recovery.