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Canada Goose -2% after D.A. Davidson cut

Nov. 7, 2019 8:30 AM ET|About: Canada Goose Holdings Inc. (GOOS)|By: Clark Schultz, SA News Editor
Shares of Canada Goose (NYSE:GOOS) swing lower in early trading after D.A. Davidson warns that department stores may be pulling back on their fall/winter season orders from the company amid the ongoing decline in mall traffic.

The firm lowers Canada Goose to Neutral from Buy and lowers its price target to $42 from $48 vs. the average sell-side PT of $49.20.

GOOS -2.28% premarket to $39.43.