BMO Capital raised the firm’s price target on Harley-Davidson to $50 from $45 and keeps an Outperform rating on the shares. The firm notes that its checks suggest that March retail demand was generally strong, with some weather-related choppiness depending on the market. Helped by the new model-year 2024s, Harley-Davidson dealers are confident about the momentum continuing into the peak selling months, the analyst tells investors in a research note.
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