Harley-Davidson checks indicate improved sales momentum, says Goldman Goldman's channel checks indicate retail sales were up 12% in October, a continuation of momentum from the second half of September. Additionally, checks indicate pricing remains strong with positive demand fundamentals. Shares are Buy rated with a $54 price target.
Harley-Davidson layoffs have no impact on production, says Wells Fargo Wells Fargo learned after speaking to management that Harley-Davidson's 169 employee layoffs were related to materials handling outsourcing and will have no bearing on production plans or rates. Wells notes the layoffs were planned and accrued for in Q4 of 2014. It has an Outperform rating on Harley-Davidson.