Harley-Davidson's new initiatives to overcome headwinds, says Tigress Financial
Tigress Financial analyst Ivan Feinseth kept his Buy rating on Harley-Davidson, saying he expects its "new initiatives" such as the development of a "more expansive line of models" and target marketing toward younger customers to overcome the recent sales headwinds. The analyst the company's continued increase in U.S. and international dealerships while still searching for a manufacturing partner in Asia to produce lightweight motorcycles for customers in China. Feinseth contends that Harley-Davidson's "iconic brand equity and new growth initiatives will drive acceleration in business Performance". He is also positive on the company's "above-average" dividend yield and the ongoing capital return to shareholders.