Canada Goose price target raised to $16 from $12 at TD Cowen

TD Cowen analyst Oliver Chen raised the firm’s price target on Canada Goose to $16 from $12 and keeps a Market Perform rating on the shares. The firm likes the runway for direct-to-consumer growth on store openings, product expansion, and wholesale rationalization. Near-term, management is focused on driving a positive store comp as productivity levels are well below peaks.