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 management is too optimistic on a recovery, says Barclays Barclays analyst Felicia R. Hendrix believes Harley-Davidson's management is too optimistic near-term on a recovery. Hendrix said used bikes continues to outpace new sales, recent product launches have generated lower than expected "mindshare" among core customers. and competition is growing their presence. The analyst recommends stating on the sidelines until Harley-Davidson can demonstrate sustainable growth.