U.S.-listed shares of Canada Goose Holdings Inc. (GOOS) fell 3.5% to an all-time low of $7.95 on Monday after Barclays downgraded the company's rating. The research firm lowered its rating to 'underweight' from 'equal weight',

Key Takeaways Shares of Canada Goose Holdings fell to an all-time low Monday after Barclays analysts downgraded the stock and cut their price target.The analysts cited increasing competition and concerns over the seasonal nature of Canada Goose's business.

Faced with increased competition in the outwear category, tariff risks due to the company’s reliance on Canadian production, and seasonal revenue volatility, Barclays sees Canada Goose (NYSE:GOOS) with “fewer drivers for outperformance” with risks increasing should competitive pressures remain high,