HOG - Harley-Davidson is the top leisure stock pick at BofA and scores high on a quant ratings check
Harley-Davidson (NYSE:HOG) is kept with a Buy rating and is the top leisure stock pick at Bank of America with the company's global lifestyle initiatives seen as being on track. After meeting with management, Bank of America notes that HOG is "very pleased" with the motorcycle division's margin performance and sees strength with the financial services division. Green shoots seen for Harley-Davidson (HOG) into 2022 includes continued high used motorcycle prices, a very healthy and profitable dealer system and an enhanced opportunity for the company in developing lifestyle brand sales. BofA's price objective on HOG is $70 to rep more than 90% upside potential. Shares of HOG are up 1.23% premarket to $37.08. The Seeking alpha Quant Rating on HOG stepped up to Bullish on November 29.
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Harley-Davidson is the top leisure stock pick at BofA and scores high on a quant ratings check