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Analyst Actions: RBC Capital Keeps Outperform on Canada Goose, Raises PT to $68

· 02/05/2021 09:26

02:16 PM EST, 02/05/2021 (MT Newswires) -- RBC Capital has kept its Outperform on Canada Goose and raised its one year PT to $68 (from $47).

"With nearer-term concerns about brand health and warmer weather in North America, 3QF21's revenue beat impressed given a return to growth despite COVID headwinds in the important holiday quarter. Looking out, we see GOOS as well positioned to surpass pre-COVID revenues into FY22 and emerge further along in its lifestyle brand and channel evolution."

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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