Harley-Davidson investors should buy the polar vortex dip, says RW Baird Baird said channel checks indicate Harley-Davidson is tracking well short of expectations with weather the obvious culprit. The firm believes investors should use the weather weakness as buying opportunity citing new bike rollouts, lean inventories, and available credit. Shares are Outperform rated with a $75 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.