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Harley-Davidson price target lowered to $23 from $28 at Citi

Citi lowered the firm’s price target on Harley-Davidson (HOG) to $23 from $28 and keeps a Neutral rating on the shares. The firm adjusted targets in the powersports group following its recent channel checks. The analyst cut estimates for Harley saying the company’s efforts to improve inventories could hurt its earnings power in 2026.

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