Columbia Sportswear (COLM) Tops Q2 EPS by 14c, Raises FY EPS Guidance
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Cowen Raises Price target on Columbia Sportswear (COLM) to $75 Following 2Q15 EPS Beat
August 3, 2015 6:42 AM EDTCowen reiterated a Market Perform rating on Columbia Sportswear (NASDAQ: COLM), and raised the price target to $75.00 (from $59.00), following 2Q15 results. COLM reported Q2:15 EPS of ($0.09), ahead of consensus ($0.23) estimates. Updated FY15 EPS guidance of $2.25 to $2.35 compares to prior guidance of $2.15 to $2.25.
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