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Fly News Breaks for October 7, 2015
HOG
Oct 7, 2015 | 09:49 EDT
ITG Research's checks indicate ongoing market share losses for Harley-Davidson to rivals and due to cannibalization, as the percentage of used bikes sold is now above new. The firm's analyst maintains its Negative view on Harley-Davidson given weak core retail trends and risk to guidance.
News For HOG From the Last 2 Days
HOG
Apr 23, 2024 | 06:56 EDT
Morgan Stanley assumed coverage of Harley-Davidson with an Overweight rating and $50 price target. Harley-Davidson is an iconic brand with leading market share in the U.S. motorcycle industry and "a fiercely loyal customer base," says the analyst, who believes a refocused strategy under new leadership, along with strong capital allocation discipline, will lead to upside to consensus earnings estimates.