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Fly News Breaks for January 9, 2020
HOG
Jan 9, 2020 | 07:55 EDT
Longbow analyst David MacGregor said his checks with Harley-Davidson dealers showed that U.S. new retail sales decelerated through the fourth quarter, with many dealers pointing to "limited" reaction from buyers to promotional support. The analyst, who noted that his estimates remain below consensus, keeps a Neutral rating on Harley-Davidson shares.
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.
