Parade aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Fall is the time to dust off your favorite coat and prepare for a cool season ahead.

But if you're looking for a new outerwear, there's a coat at Target with your name on it. Target's A New Day Faux Wool Topcoat is a stunning piece that's just waiting to be added to your closet. It only costs $60, and it looks so similar to a designer style that's over eight times the price.

A New Day Faux Wool Topcoat, $60 at Target Courtesy of Target The A New Day Faux Wool Topcoat is the perfect fall coat that keeps you warm without being as heavy-duty as a puffer jacket . Made of midweight recycled polyester, it looks like wool, but without the high price tag. The coat has a sleek and tailored design, with a notched lapel collar, single-breasted front, and a slit in the back.

With buttons on the front, you can bundle up on colder days or leave it open for a relaxed but sophisticated look. It's available in eight different colors, but we're partial to the houndstooth design that looks extra high-end. In fact, it was the houndstooth pattern that caught our eye the most, since it looks just like the Barbour Angelina Houndstooth Coat from Bloomingdale's.

This luxury coat boasts the same elegant pattern and silhouette that hits right below the knee. In addition to costing hundreds of dollars more, it's also mostly made of wool. Barbour Angelina Houndstooth Coat, $520.