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Fly News Breaks for March 29, 2018
HOG
Mar 29, 2018 | 06:19 EDT
Longbow analyst David MacGregor upgraded Harley-Davidson to Neutral citing valuation despite channel checks that indicate continued weakness in US sales. MacGregor continues to be concerned about weak US retail sales trends but views shares as fairly valued following his downgrade in January.
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.