Harley-Davidson (HOG) Tops Q1 EPS by 2c; Lowers Growth Rate

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Harley-Davidson (HOG) Sell-Off 'Overdone', Wedbush Says

April 22, 2015 8:37 AM EDT

Wedbush analyst reiterated an Outperform rating on Harley-Davidson (NYSE: HOG), saying yesterday's nearly 10% sell-off is overdone following better-than-expected Q1 but lowered 2015 shipment guidance. The firm lowered estimates and its price target to $74 from $76.

The firm is bringing EPS estimate down $0.07 to $4.11, based... More