D.A. Davidson analyst Michael Kawamoto yesterday upgraded Columbia Sportswear Co.'s stock to "buy" and raised his target price to $105.
Columbia is coming off an 18-month "re-engineering" of the business with the help of the consulting firm McKinsey. In a wide-ranging interview with the Business Journal on Monday, Columbia CEO Tim Boyle said the "re-engineering" included taking the "business apart theoretically" and reorganizing it.
The result, according to Boyle, is a more streamlined company…
