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Canada Goose price target lowered to $16 from $24 at Baird

Baird lowered the firm’s price target on Canada Goose to $16 from $24 and keeps a Neutral rating on the shares. The firm said Q2 EPS topped consensus but upside was wholesale-driven with DTC missing estimate. Trends softened during September/October, prompting the company to cut EPS guidance.

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