Canada Goose price target raised to $13 from $11 at Barclays

Barclays raised the firm’s price target on Canada Goose to $13 from $11 and keeps an Equal Weight rating on the shares. The company posted a gross margin beat that was offset by slightly lower sales and SGA deleverage, the analyst tells investors in a research note. Canada Goose management also tightened their guide for the full year while citing a continuation of headwinds in the wholesale channel and within the EMEA and NA regions, the firm added.