BMO Capital Maintains Outperform on Harley-Davidson, Lowers Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Gerrick Johnson has maintained an 'Outperform' rating on Harley-Davidson (NYSE:HOG), but lowered the price target from $55 to $45.
October 27, 2023 | 2:32 pm
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Harley-Davidson's price target has been lowered from $55 to $45 by BMO Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by BMO Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100