Canada Goose Double-Downgraded at BTIG – Early Holiday Sales Lag

Canada Goose  (GOOS) – Get Report shares dropped Thursday after analysts at BTIG double-downgraded the outerwear company on signals that early holiday sales are lagging.

The stock was downgraded to sell from buy with a C$35 (US$26.92) price target. 

The shares traded on the New York Stock Exchange at last check were off 6.8% at $36.03. The stock has nearly tripled off its 52-week low near $13, set in mid-March. And as of Tuesday’s close, it was 3.5% below its 52-week high near $41, set last December.

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