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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

Harley-Davidson not riding too much higher according to analyst originally appeared on BloggingStocks on Mon, 13 Jul 2009 16:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>Edward AaronEdwardAaronHarley-DavidsonHOGmotorcycleprice targetPriceTargetrbc capital marketsRbcCapitalMarketsMon, 13 Jul 2009 16:30:00 EST