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Harley-Davidson price target raised to $72 from $64 at Citigroup

Citigroup raised its price target for Harley-Davidson citing strong sales momentum and new product innovation. Citi said its channel checks indicate Harley-Davidson's August/Early September U.S. retail sales are up 13 to 15%. The firm reiterates a Buy rating on the stock with an increased price target of $72.