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Fly News Breaks for December 13, 2018
HOG
Dec 13, 2018 | 08:00 EDT
Baird analyst Craig Kennison cut his price target on Harley-Davidson to $45 from $50 after dealer checks assessing October/November trends reported "little floor traffic" in the period. The analyst, who maintains a Neutral rating, is modeling a 10% decline in U.S. retail for Q4, consistent with the YTD pace through September. After cutting inventory by over 30% since 2016, dealers appear "comfortable" with current inventory levels, he says.
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
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Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
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Apr 25, 2024 | 07:04 EDT
Harley-Davidson continues to expect: HDMC revenue flat to down 9% and operating income margin of 12.6%-13.6%, HDFS operating income flat to up 5%, LiveWire electric motorcycle unit sales of 1,000 to 1,500 and Harley-Davidson capital investments of $225M-$250M.
