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Harley-Davidson Downshifts Following Wells Fargo Downgrade

Tony Owusu

Despite downgrade, analyst Timothy Conder increased the motorcycle-maker's price target to $41 per share from $40. The share price is a 2% upside from the stock's previous closing price of $40.31. Harley-Davidson shares were down 1.5% to $39.70 per share premarket.