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Fly News Breaks for June 6, 2016
HOG
Jun 6, 2016 | 06:23 EDT
Goldman analyst led by Patrick Archambault downgraded Harley-Davidson saying US channel checks suggest Q2 registration growth has stalled, despite fewer competitive headwinds. The analyst said dealer checks over the last two weeks have been mixed, if not weak in the first two months of Q2. Archambault said concerns about long-term brand relevance and demographic headwinds could become a focus of investors and lowered his price target to $50 from $55.
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