Columbia Sportswear Co (COLM) Tops Q1 EPS by 30c

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DA Davidson Upgrades Columbia Sportswear (COLM) to Buy

April 30, 2014 8:04 AM EDT

DA Davidson upgraded Columbia Sportswear (NASDAQ: COLM) from Neutral to Buy with a price target of $103.00.

For an analyst ratings summary and ratings history on Columbia Sportswear click here. For more ratings news on Columbia Sportswear click here.

Shares of Columbia Sportswear closed at $81.94 yesterday.

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UPDATE: Columbia Sportswear (COLM) to Acquire prAna Living for $190M

April 29, 2014 4:54 PM EDT

(Updated - April 29, 2014 4:56 PM EDT)

In addition to strong earnings after the close, Columbia Sportswear (Nasdaq: COLM) announced it signed a definitive agreement to acquire all controlling interests in prAna Living LLC from majority owner Steelpoint Capital Partners and all other minority members for $190 million in cash, which is subject to customary working capital adjustments. PrAna will join Columbias portfolio of authentic, active outdoor brands, which include Columbia, Mountain Hardwear, Sorel and Montrail.

We are very excited to welcome prAna to Columbias... More