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Harley-Davidson price target raised to $40 from $38 at Baird

Baird analyst Craig Kennison raised the firm’s price target on Harley-Davidson to $40 from $38 and keeps an Outperform rating on the shares. The firm said theyy delievered an earnings beat despite weaker global retail, skinnier HDFS profits, and losses associated with LiveWire while noting they launched a major upgrade to the touring lineup, fueling hope for retail growth.

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