Harley-Davidson Inc. (NYSE:HOG) was upgraded by stock analysts at BMO Capital Markets from a “market perform” rating to an “outperform” rating in a note issued to investors on Monday. The firm presently has a $66.00 price target on the stock, up from their prior price target of $54.00. BMO Capital Markets’ target price points to a potential upside of 27.24% from the stock’s previous close.
In related news, SVP Michelle Kumbier sold 26,667 shares of the company’s stock in a transaction on Tuesday, May 10th. The stock was sold at an average price of $46.25, for a total transaction of $1,233,348.75. Following the completion of the sale, the senior vice president now directly owns 12,011 shares in the company, valued at approximately $555,508.75. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Source: American Banking and Market News