Harley-Davidson Crashes After Cutting Sales Guidance
Earlier this week, Harley-Davidson (NYSE: HOG) stock lost 6% of its market capitalization after reporting disappointing earnings news for its fiscal second quarter 2017. Harley followed up that loss by losing another half-percentage point or so on Wednesday, and it's down again in early Thursday trading.
But how bad was the news, really, and was it bad enough to justify all the continued selling of Harley stock? Or are investors maybe, just maybe, overreacting a bit here? Let's find out.
Source: Fool.com
Harley-Davidson Inc. Stock
€31.26
-2.160%
With 7 Buy predictions and not the single Sell prediction the community is currently very high on Harley-Davidson Inc..
With a target price of 42 € there is a positive potential of 34.36% for Harley-Davidson Inc. compared to the current price of 31.26 €.
