Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Columbia Banking System (COLB – Research Report), Cipher Mining (CIFR – Research Report) and SLM (SLM – Research Report).
Columbia Banking System (COLB)
Wells Fargo analyst Timur Braziler downgraded Columbia Banking System to Hold yesterday and set a price target of $25.00. The company’s shares closed last Wednesday at $25.59.
According to TipRanks.com, Braziler is a 3-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for Columbia Banking System with a $25.80 average price target, a 2.1% upside from current levels. In a report released today, Stephens also downgraded the stock to Hold with a $24.00 price target.
See Insiders’ Hot Stocks on TipRanks >>
Cipher Mining (CIFR)
Compass Point analyst Chase White maintained a Buy rating on Cipher Mining today and set a price target of $8.00. The company’s shares closed last Wednesday at $2.29.
According to TipRanks.com, White is a 4-star analyst with an average return of
Currently, the analyst consensus on Cipher Mining is a Strong Buy with an average price target of $6.00.
SLM (SLM)
Jefferies analyst John Hecht maintained a Buy rating on SLM yesterday and set a price target of $22.00. The company’s shares closed last Wednesday at $19.20, close to its 52-week high of $19.46.
According to TipRanks.com, Hecht is a 5-star analyst with an average return of
Currently, the analyst consensus on SLM is a Strong Buy with an average price target of $22.00, which is a 13.9% upside from current levels. In a report issued on January 9, Deutsche Bank also initiated coverage with a Buy rating on the stock with a $25.00 price target.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on COLB:
