Harley-Davidson checks show U.S. sales slowed in April, says Citigroup Citigroup's channel checks indicate Harley-Davidson's U.S. retail sales in are trending up 1%-3% in April/early May, following a 29% increase in March. Citi says that while investors may view the data point as negative, trends are volatile month to month and May/June sales should be more normalized. The firm keeps a Buy rating on the stock with a $61 price target.
Harley-Davidson initiated with an Outperform at Wedbush Wedbush started shares of Harley-Davidson with an Outperform rating and $85 price target. The firm likes the Harley-Davidson's revamped cost structure and new-product development pipeline.