Williams Trading analyst Sam Poser downgraded Canada Goose (GOOS) to Sell from Hold with a price target of C$12, down from C$20. The firm, which says its upgrade to Hold in late August was based on its expectation that the company would be sold or go private, now contends that based on management commentary and re-up of its share repurchase authorization that it is “clear” that the company will not be going private nor be sold.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GOOS:
