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Fly News Breaks for March 10, 2017
HOG
Mar 10, 2017 | 09:43 EDT
Baird analyst Craig Kennison said his checks with dealers indicate U.S. motorcycle demand is tracking up by a mid-single-digit percentage through the first two months of the year, which he called a "surprisingly good start." Dealers also reported significant sequential improvement in inventory and dealer sentiment improved sequentially, Kennison tells investors. Kennison. who raised his U.S. retail forecast for Harley-Davidson to up 4.0% from down 0.5%, has a Neutral rating and $62 price target on the 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.
