Why Canada Goose Holdings Stock Was Down Today
Shares of Canada Goose Holdings (NYSE: GOOS) were down 5% as of 12:57 p.m. ET on Thursday following bearish comments by TD Cowen.
The firm downgraded the stock to market perform with a $15 near-term price target. Analysts see the potential for the stock to be rangebound, given the uncertainty in the economy and soft consumer spending.
In early August, the luxury lifestyle brand reported a 21% year-over-year increase in revenue but higher operating expenses to support growth initiatives. Further, store openings led to a wider operating loss of $99 million, compared to $82 million in the year-ago quarter.
Source Fool.com
Toronto-Dominion Bank Stock
€100.08
-1.050%
Our community is currently high on Toronto-Dominion Bank with 4 Buy predictions and 1 Sell predictions.
As a result the target price of 133 € shows a positive potential of 32.89% compared to the current price of 100.08 € for Toronto-Dominion Bank.
