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Fly News Breaks for April 20, 2016
HOG
Apr 20, 2016 | 08:05 EDT
Baird believes Harley-Davidson shares present an opportunity for value-oriented investors, citing a compelling yield and potential for share repurchases. The firm believes investors need to have confidence the company's guidance is attainable, that its headwinds are manageable, and that its new marketing initiatives will kick start demand. Baird reiterated its Outperform rating and $54 price target on Harley-Davidson shares.
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.