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Fly News Breaks for April 25, 2018
HOG
Apr 25, 2018 | 07:59 EDT
Baird analyst Craig Kennison said Harley-Davidson reported better than expected earnings and revenues and retained its shipment guidance despite weak U.S. retail sales. The company said April is off to a slow start, but investors expectations are already low. Management said they have a 2022 plan coming this summer, which should see an acceleration in investments to mine opportunities. Kennison maintained his Neutral rating and $56 price target on Harley-Davidson shares.
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