Barclays analyst Adrienne Yih lowered the firm’s price target on Canada Goose to $18 from $20 and keeps an Equal Weight rating on the shares post the fiscal Q1 report. The company posted better than expected sales and loss per share in the smallest quarter of the year, the analyst tells investors in a research note. As such, it is hard to extrapolate trends and the fiscal Q2 guidance was well below consensus, says the firm.
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