<div id="readability-page-1"><p><span>Harley-Davidson (NYSE:HOG - Get Free Report)</span> had its target price lowered by research analysts at Citigroup  from $28.00 to $23.00 in a research report issued on Wednesday,Benzinga reports. The firm currently has a &#34;neutral&#34; rating on the stock. Citigroup's price target suggests a potential upside of 9.29% from the company's current price.</p><div><p><span></span><span>Get <strong>Harley-Davidson</strong> alerts:</span></p></div><ul><li>Harley-Davidson Tops Watchlists: Value Trap or Turnaround Play?</li></ul><p>HOG has been the topic of a number of other research reports. UBS Group cut their price target on shares of Harley-Davidson from $28.00 to $27.00 and set a &#34;neutral&#34; rating on the stock in a research report on Thursday, November 13th. Loop Capital initiated coverage on shares of Harley-Davidson in a research note on Tuesday, November 25th. They issued a &#34;hold&#34; rating and a $21.00 target price on the stock. Zacks Research raised shares of Harley-Davidson from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, November 26th. Weiss Ratings raised Harley-Davidson from a &#34;sell (d+)&#34; rating to a &#34;hold (c-)&#34; rating in a research report on Wednesday, October 8th. Finally, Morgan Stanley decreased their price objective on shares of Harley-Davidson from $25.00 to $21.00 and set an &#34;underweight&#34; rating for the company in a report on Wednesday, November 19th. Two analysts have rated the stock with a Buy rating, six have assigned  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat, Harley-Davidson presently has an average rating of &#34;Hold&#34; and an average target price of $27.38.</p><p><b>Check Out Our Latest Stock Analysis on HOG</b></p><h2>Harley-Davidson Price Performance</h2><ul><li>15 best consumer discretionary stocks for the rest of 2023</li></ul><p>Shares of HOG stock traded down $0.06 during trading hours on Wednesday, hitting $21.05. 2,550,125 shares of the company's stock were exchanged, compared to its average volume of 2,752,196. The stock's 50-day moving average is $22.62 and its 200-day moving average is $25.37. The stock has a market cap of $2.49 billion, a price-to-earnings ratio of 5.11, a price-to-earnings-growth ratio of 0.52 and a beta of 1.37. Harley-Davidson has a 52 week low of $20.38 and a 52 week high of $31.25. The company has a debt-to-equity ratio of 0.88, a current ratio of 2.51 and a quick ratio of 2.36. </p><p>Harley-Davidson (NYSE:HOG - Get Free Report) last posted its earnings results on Tuesday, November 4th. The company reported $3.10 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.38 by $1.72. The business had revenue of $1.34 billion during the quarter, compared to analysts' expectations of $1.01 billion. Harley-Davidson had a return on equity of 15.19% and a net margin of 11.37%. As a group, research analysts forecast that  Harley-Davidson will post 3.44 EPS for the current year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>MarketBeat ‘Stock of the Week’: LiveWire, EV play on two wheels</li></ul><p>Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Americas Securities LLC boosted its stake in  Harley-Davidson by 1,277.0% during the 4th quarter. SG Americas Securities LLC now owns 1,094,119 shares of the company's stock valued at $22,418,000 after acquiring an additional 1,014,660 shares during the last quarter.  Diversified Trust Co. boosted its position in  Harley-Davidson by 2.1% during the 4th quarter. Diversified Trust Co. now owns 114,265 shares of the company's stock worth $2,341,000 after acquiring an additional 2,360 shares during the period.  JPMorgan Chase &amp; Co. raised its position in  Harley-Davidson by 25.1% during the third quarter. JPMorgan Chase &amp; Co. now owns 438,568 shares of the company's stock valued at $12,236,000 after acquiring an additional 88,100 shares in the last quarter.  Allworth Financial LP boosted its holdings in shares of  Harley-Davidson by 13.7% during the 3rd quarter. Allworth Financial LP now owns 4,314 shares of the company's stock worth $120,000 after buying an additional 519 shares during the period.  Finally, Centaurus Financial Inc. acquired a new position in shares of  Harley-Davidson during the third quarter valued at about $168,000. Institutional investors and hedge funds own  85.10% of the company's stock. </p><h2>Harley-Davidson Company Profile</h2> (Get Free Report)<p>Harley-Davidson, Inc is a renowned American motorcycle manufacturer best known for its heavyweight cruiser and touring bikes. Founded in 1903 in Milwaukee, Wisconsin, the company has built a strong reputation for producing distinctive motorcycles characterized by their signature V-twin engines, chrome finishes and robust frames. Harley-Davidson markets its products globally through a network of franchised dealerships and focuses on delivering an immersive brand experience to its customers, emphasizing lifestyle and community alongside its motorcycles.  </p><p>In addition to its core motorcycle business, Harley-Davidson offers an extensive range of parts, accessories and apparel under its Genuine Motor Parts &amp; Accessories and MotorClothes lines.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Harley-Davidson</li><li>Zacks Puts $25.50 target on BSEM!</li><li>Punch these codes into your ordinary brokerage account</li><li>Do not delete, read immediately</li><li>More than 2 million ounces defined - and still early in their story</li><li>This stock gets a 94 out of 100</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhPRw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhPRw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Harley-Davidson Right Now?</h2><p>Before you consider Harley-Davidson, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Harley-Davidson wasn't on the list.</p><p>While Harley-Davidson currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Citigroup has lowered its price target for Harley-Davidson (NYSE:HOG) from $28.00 to $23.00, maintaining a "neutral" rating on the stock. This suggests a potential upside of 9.29% from the current price. Other analysts have also adjusted their ratings, with UBS lowering its target to $27.00 and Morgan Stanley to $21.00. Currently, Harley-Davidson has an average rating of "Hold" with a target price of $27.38. The stock traded at $21.05, with a market cap of $2.49 billion and a P/E ratio of 5.11.</p>

Citigroup Cuts Harley-Davidson (NYSE:HOG) Price Target to $23.00