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Fly News Breaks for October 22, 2018
HOG
Oct 22, 2018 | 07:38 EDT
UBS analyst Robin Farley believes Harley-Davidson dealers may have seen retail sales decline in the single-digit range during Q3. She said sales have been declining in the U.S. motorcycle industry and believes Harley-Davidson continues to lose market share. She also sees risk to 2018 shipment guidance in what would be the fourth consecutive year of decline in U.S. sales. Farley maintained her Neutral rating and $42 price target on Harley-Davidson shares.
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