Breaking News Instant updates and real-time market news.

HOG

Harley-Davidson

$51.57

1.87 (3.76%)

10:04
10/18/16
10/18
10:04
10/18/16
10:04

Citi sees 'encouraging sigs' in Harley-Davidson earnings

Citi analyst Gregory Badishkanian says that while retail trends were again soft in Harley-Davidson's Q3 results, MY17 bikes drove a year-over-year improvement in September. The analyst finds the MY17 bike benefit "encouraging" and keeps a Buy rating on Harley shares with a $62 price target.

  • 18

    Oct

HOG Harley-Davidson
$51.57

1.87 (3.76%)

09/15/16
UBSW
09/15/16
NO CHANGE
Target $54
UBSW
Neutral
UBS sees downside risk to Harley-Davidson guidance
UBS analyst Robin Farley analyzed 25 years of inventory data for Harley-Davidson and concluded there are downside risks to the company's guidance. The analyst said the math suggests retail sales would have to grow at a mid-single digit rate and the company's second half expectations for shipments seem high. Farley maintained her Neutral rating and lowered her price target to $54 from $55 on Harley-Davidson shares.
09/16/16
WEDB
09/16/16
NO CHANGE
Target $48
WEDB
Neutral
Harley-Davidson used bike pricing getting worse, says Wedbush
Wedbush analyst James Hardiman said the firm's Harley-Davidson used bike pricing study found that used model-year 2015 bikes are selling, on average, at the largest discount seen since 2006 and that nearly all model years are seeing trade-in prices relative to their initial MSRPs that are at or near the recessionary levels of 2008-2009. The survey results are a negative both for Harley-Davidson Financial Services and for new bike demand, said Hardiman, who keeps a Neutral rating on Harley shares.
09/30/16
JEFF
09/30/16
INITIATION
Target $49
JEFF
Hold
Harley-Davidson initiated with a Hold at Jefferies
Jefferies analyst Trevor Young started Harley-Davidson (HOG) with a Hold rating and $49 price target. The analyst is concerned about peaking U.S. motorcycle demand and Harley's rising mix of financing. Young this morning named Fox Factory (FOXF) his top pick in Powersports.
09/30/16
09/30/16
INITIATION

On The Fly: Top five analyst initiations
Catch up on today's top five analyst initiations with this list compiled by The Fly: 1. Amazon.com (AMZN) initiated with a Buy at Guggenheim. 2. Wal-Mart (WMT) initiated with an Overweight at KeyBanc and a Buy at Guggenheim. 3. Harley-Davidson (HOG) initiated with a Hold at Jefferies. 4. Coach (COH) was initiated with a Buy at Guggenheim while the firm initiated Michael Kors (KORS) with a Neutral. 5. First Solar (FSLR) initiated with a Buy at Williams Capital. This list is just a portion of The Fly's analyst coverage. To see The Fly's full Street Research coverage, click here.

TODAY'S FREE FLY STORIES

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.