Harley-Davidson Inc.'s common stock shares today hit a 52-week high at the open after Citigroup equities analysts raised their price target for the Milwaukee motorcycle maker to $50 per share from $46.
Citigroup said the upgrade reflected 16- to 18-percent first-quarter sales growth for Harley, helped by mild winter weather.
Citigroup left its "neutral" rating on Harley's stock unchanged. Nevertheless, the note sent Harley's shares up $1.20, or 2.6 percent higher to $48.10, making it the top percentage gainer today in the S&P 500 Index.
Harley's stock is up 24 percent since the start of the year.
Harleys stock jumps with sales growth
advertisement





This image can now be accessed by javascript as document.MyImage. Of course add in the width, height, alt, and border properties as desired too.
The next part is to create a link around that image. This will allow javascript to affect the image properties.
