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Fly News Breaks for November 14, 2018
GOOS
Nov 14, 2018 | 13:46 EDT
RBC Capital analyst Brian Tunick raised his estimates for Canada Goose following the company's Q2 earnings report and increased his price target to $100 from $80, stating that the company's strong momentum and improved inventory position set it up for "ongoing beats" in the rest of this fiscal year, especially in the holiday quarter. The analyst, who cites the company's geographic expansion, traction in e-commerce and new category expansion with the Baffin acquisition, keeps an Outperform rating on Canada Goose.
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