B of A Securities Downgrades BanColombia to Underperform, Lowers Price Target to $34

-0.48%

Bancolombia S.A. Sponsored ADR Pfd

CIB

63.59

-0.48%

B of A Securities analyst Ernesto Gabilondo downgrades BanColombia (NYSE: CIB) from Neutral to Underperform and lowers the price target from $38 to $34.

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