Analysts: Harley-Davidson Sales Projected to Increase and 3 Other Research Notes to Check Out
Harley-Davidson (NYSE:HOG): Citigroup raised its price target for Harley-Davidson to $72 from $64, citing strong sales momentum and new product innovation. Citi said that its channel checks indicate Harley-Davidson’s August/early September U.S. retail sales are up 13 percent to 15 percent. The firm reiterates a Buy rating on the stock with an increased price target on the shares of $72.
Estee Lauder (NYSE:EL): Citigroup upgraded Estee Lauder to Buy from Neutral, citing valuation and expectations for growth in 2014. The firm raised its price target for the shares to $78 from $75.
NetApp (NASDAQ:NTAP): UBS upgraded NetApp to Buy from Neutral and added it to the U.S. Key Calls list based on continued share gains, superior earnings growth, and improving product cycle. The price target on the shares has been raised to $50 from $42.
Halliburton (NYSE:HAL): Wells Fargo downgraded Halliburton to Market Perform from Outperform citing valuation but raised its price target range for shares to $54-$56 from $50-$52.