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Bank of America Securities Sticks to Their Buy Rating for Harley-Davidson (HOG)

Tipranks - Tipranks - Wed Jul 22, 2:46PM CDT

Bank of America Securities analyst Andrew Didora reiterated a Buy rating on Harley-Davidson today and set a price target of $32.00.

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Didora covers the Industrials sector, focusing on stocks such as United Airlines Holdings, Allegiant Travel Company, and Delta Air Lines. According to TipRanks, Didora has an average return of 1.6% and a 53.08% success rate on recommended stocks.

In addition to Bank of America Securities, Harley-Davidson also received a Buy from Loop Capital Markets’s Brandon Rolle in a report issued yesterday. However, on July 12, Citi maintained a Hold rating on Harley-Davidson (NYSE: HOG).

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Based on Harley-Davidson’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $1.17 billion and a net profit of $24.77 million. In comparison, last year the company earned a revenue of $1.33 billion and had a net profit of $133.1 million

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