Deutsche Bank Raises Price Target on Harley Davidson (HOG)

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 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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