Why Harley-Davidson Stock Popped 6% Today
One week after Harley-Davidson's (NYSE: HOG) Q1 2020 earnings report sent the stock soaring 15% in a day, shares of the motorcycle maker are accelerating once again on the back of an analyst upgrade based largely on that earnings report. As of 12:15 p.m. EDT on Tuesday, Harley-Davidson stock was up 6.2%. This morning, equity research firm Argus announced it is upgrading Harley stock from hold to buy, with a $30 price target, StreetInsider.com reported.