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Harley-Davidson not riding too much higher according to analyst

According to recent analyst opinion, Harley-Davidson (NYSE: HOG) is a business you should be wary of buying right now. This item reports on a reduction in the price target for the maker of the iconic motorcycle. Edward Aaron over at RBC Capital Markets thinks that earnings and demand won't be great for the company; he slashed his belief of what the shares are worth by $2 to $16 per share.

Harley-Davidson has certainly recovered from its 52-week low made back in March of this year. The stock bounced back from $7.99 to a price of $16.55 as of this writing.

Continue reading Harley-Davidson not riding too much higher according to analyst

Symbol Lookup
IndexesChangePrice
DJIA-38.7010,412.25
NASDAQ-11.482,164.53
S&P 500-2.851,103.39

Last updated: November 24, 2009: 12:13 PM

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