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
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