Deutsche Bank Raises Price Target on Harley Davidson (HOG)
Deutsche Bank reported on Thursday that it has increased its price target for motorcycle manufacturer, Harley-Davidson, Inc. (HOG).
The firm, which currently has a “Hold” rating on HOG, has raised the company’s price target to $52. This price target suggests a -5% decline from the stock’s current price of $54.79.
Analysts have increased the HOG’s price target due to the company’s optimistism regarding domestic trends.
Harley-Davidson shares were mostly flat during premarket trading Thursday. The stock has increased 17% in the past year.
The Bottom Line
Shares of Harley-Davidson, Inc. (HOG) have a 1.53% yield, based on Wednesday’s closing price of $54.79.
Harley-Davidson, Inc. (HOG) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.
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