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Fly News Breaks for March 27, 2017
HOG
Mar 27, 2017 | 08:32 EDT
BMO Capital analyst Gerrick Johnson says his checks on Harley-Davidson's Q1 retail performance are "encouraging,." and he has confidence that U.S,. retail sales of the company's new Harley-Davidson motorcycles will rise 5% in Q1. The analyst is upbeat about the company's new products and consequently increased his Q2 U.s. retail sales growth estimate to 5% from 3.5%. He keeps an Outperform rating 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.