Columbia Sportswear Company COLM continues to boast a strong brand portfolio but after strong gains in the stock over the past year the valuation is now "stretched." B. Riley FBR's Susan Anderson downgraded Columbia Sportswear from Buy to Neutral but with a price target lifted from $81 to $84. SourceStochastics are getting closer to the overbought zone, the upside weakens. $COLM, Columbia Sportswear Company / D