Harley-Davidson (HOG): UBS Analyzes 25 Years Of Inventory Data
Get Alerts HOG Hot Sheet
Rating Summary:
9 Buy, 15 Hold, 4 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 17 | Down: 14 | New: 17
Join SI Premium – FREE
UBS analyst, Robin Farley, reiterated her Neutral rating on shares of Harley-Davidson (NYSE: HOG) after analyzing 25 years of Harley dealer inventory in the US to think about what the right inventory level - based on retail sales volume, growth rates, dealership base, size of model line-up, and cumulative inventory should be.
The analyst's conclusion is that there is downside to Harley's guidance but "a slimmer HOG may be a smoother ride". The price target of $54 is down from $55.
For an analyst ratings summary and ratings history on Harley-Davidson click here. For more ratings news on Harley-Davidson click here.
Shares of Harley-Davidson closed at $50.87 yesterday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Rentokil Initial (RTO) PT Lowered to $35 at Oppenheimer
- Badger Meter (BMI) PT Raised to $175 at Stifel
- Dr. Reddy's Laboratories Ltd. (DRRD:IN) (RDY) PT Raised to INR6,690 at HSBC
Create E-mail Alert Related Categories
Analyst Comments, Analyst PT ChangeRelated Entities
UBSSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!