Deutsche Bank Raises Price Target on Harley Davidson (HOG)

Deutsche Bank Raises Price Target on Harley Davidson (HOG)

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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.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

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