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UBS analyst Jay Sole lowered the firm's price target on Canada Goose to $20 from $24 and keeps a Neutral rating on the shares as part of a broader research note on Softlines Retail. The analyst sees continued elevated risk that inflation will decelerate industry sales growth and weigh on market sentiment. While softline stocks have underperformed the S&P500 with 38% year-to-date average decline, more pressure ahead is likely as investors indicate little interest in buying amid decelerating sales environment, Sole tells investors in a research note.

Barclays analyst Adrienne Yih lowered the firm's price target on Canada Goose to $26 from $32 and keeps an Overweight rating on the shares. The company's Q4 earnings were ahead of expectations driven by gross margin strength, and its fiscal 2023 guidance came in above consensus despite inflation and near-term China headwinds, Yih tells investors in a research note.

TD Securities analyst Meaghen Annett raised the firm's price target on Canada Goose to C$54 from C$49 and keeps a Buy rating on the shares.

Credit Suisse analyst Michael Binetti lowered the firm's price target on Canada Goose to C$37 from C$48 and keeps an Outperform rating on the shares.

Wells Fargo analyst Ike Boruchow lowered the firm's price target on Canada Goose to C$38 from C$45 and keeps an Overweight rating on the shares. With telegraphed headwinds in China already known, Canada Goose navigated Q4 generally well, Boruchow tells investors in a research note. The analyst is comfortable with the trajectory of the FY, considering that Q1 is just 5% of the full year's business, and that Canada Goose is relatively insulated from industry-wide supply chain pressures with its largely Canadian manufacturing base.

Cowen analyst Oliver Chen lowered the firm's price target on Canada Goose to $30 from $37 and keeps an Outperform rating on the shares. The analyst said the 2023 outlook is better than feared given lockdowns in China and the general weakening view on the consumer. He likes the company's expense management momentum in North America and Europe as well as its current valuation.

Baird analyst Jonathan Komp raised the firm's price target on Canada Goose to $42 from $39 and keeps an Outperform rating on the shares. The analyst said the company pointed to a healthy expected recovery in 2023 earnings supported by a positive outlook for demand and margin leverage and he views the initial targets as reasonable given their exposure to higher-income consumers, and sees further upside to operating margin in the coming years.