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Canada Goose downgraded to Underweight from Equal Weight at Barclays

Barclays downgraded Canada Goose (GOOS) to Underweight from Equal Weight with a price target of $10, down from $12. The firm believes the company’s profitability will remain challenged with limited visibility on profit drivers. Given Canada Goose’s lack of visibility, Barclays sees higher returning stocks elsewhere in its coverage.

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