Wells Fargo believes that innovations that Harley-Davidson made to its 2016 models should help stabilize its market share. The firm keeps an Outperform rating on the shares.
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Harley-Davidson continues to expect: HDMC revenue flat to down 9% and operating income margin of 12.6%-13.6%, HDFS operating income flat to up 5%, LiveWire electric motorcycle unit sales of 1,000 to 1,500 and Harley-Davidson capital investments of $225M-$250M.