Information Provided By:
Fly News Breaks for October 28, 2019
HOG
Oct 28, 2019 | 06:20 EDT
Barclays analyst Felicia Hendrix remains cautious on Harley shares "until the company is at a clear inflection point." The company reported a better than expected quarter, but retail sales "remain choppy" and continue to decline in the U.S., Hendrix tells investors in a research note. Beyond rebuilding a new base of riders, Harley's largest challenges include working through the "substantial" used bike inventory and competing successfully in the new middleweight and small displacement segments next year, says the analyst. Hendrix keeps an Underweight rating on Harley-Davidson shares with a $32 price target.
News For HOG From the Last 2 Days
There are no results for your query HOG