ET 08:38

Wall Street Issues Rare Bearish Forecasts on Dine Brands (DIN), Columbia Sportswear (COLM), Washington Trust (WASH)

Wall Street analysts have taken the unusual step of publishing downbeat outlooks for Dine Brands (NYSE:DIN), Columbia Sportswear (NASDAQ:COLM), and Washington Trust Bancorp (NASDAQ:WASH) on June 5, 2026, signaling caution on three stocks that rarely attract explicit sell-side pessimism. Financial institutions typically avoid negative coverage that could jeopardize advisory fees, making the consensus warnings notable. Dine Brands, the franchise operator of Applebee’s and IHOP, trades at $29.07, or 6 times forward earnings, with a consensus price target of $30.33—an implied return of just 4.4%. Columbia Sportswear, the outdoor apparel and footwear maker, is priced at $64.89, a 16.5x forward P/E multiple, against a $70.67 target (8.9% upside). Washington Trust, a Rhode Island community bank, sits at $32.46, or 1.1 times forward book value, with a paltry $32.75 target (0.9% implied return). Independent research from StockStory corroborates the bearish stance, suggesting investors look elsewhere for better risk-adjusted returns.

EditorWong Mei Ling