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 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.