$74 price target initiated on HOG...RBC Capital is Very conservative!!
NEW YORK (TheStreet) -- Harley-Davidson (HOG_) stock has been initiated with a "sector perform" rating, RBC Capital said Wednesday. The firm said the move was a valuation call based on a $74 price target.
If you read their previous quarterly report an listen to what they said, you would think HOG would rise above $75 by next quarter. In other words they will have a significant beat next quarter. But, you have to read and do some research to have an understanding of why this is likely to rise.