Barclays lowered the firm’s price target on Canada Goose (GOOS) to $10 from $11 and keeps an Equal Weight rating on the shares. The company’s fiscal Q3 report missed on sales, margin, and earnings as comps were down 6.2%, the analyst tells investors in a research note. The firm says Canada Goose’s comps are expected to remain pressured in Q4 as the company lowered its comp guidance.
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