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William Blair Downgrades Harley-Davidson Pending Consistent Return To Retail Sales Gains

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Harley-Davidson, Inc. NYSE:HOG - William Blair Downgrades Harley-Davidson Pending Consistent Return To Retail Sales Gains

William Blair has downgraded the rating on Harley-Davidson Inc HOG 1.36% to Market Perform from Outperform, pending a consistent return to retail sales gains and more meaningful EPS growth. The analyst also warned that the company's 2016 shipping guidance could be in "jeopardy."

"With a soft start to the year, 2016 shipment guidance of 269,000 to 274,000 bikes (up 1 percent to 3 percent) could already be in jeopardy. However, we expect management to reiterate...


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