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Harley’s activist investor backs business reboot strategy

by Rajesh Kumar Singh from https://www.reuters.com CHICAGO (Reuters) – An activist investor who shook up Harley-Davidson Inc (HOG.N) earlier this year said he is impressed with the changes initiated by new Chief Executive Jochen Zeitz to turn around the 117-year-old motorcycle company. Impala Asset Management, the $2.4 billion hedge fund, pushed for the ouster of

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Harley-Davidson Racks Up Buy Ratings on Bets New CEO Can Turn Things Around

by Christiana Sciaudone from https://www.investing.com/ Harley-Davidson (NYSE:HOG) has swayed yet another analyst that a turnaround will bear fruit. Shares are up 4.5% on Wednesday after UBS followed BMO Capital in upgrading the motorcycle maker. UBS bumped its rating to buy from neutral and gave Harley-Davidson a price target of $31, Seeking Alpha reported. The average

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Harley-Davidson Announces New Round of Job Cuts

by Eric Volkman from https://www.fool.com/ This is not the first time in 2020 the struggling motorcycle maker has reduced its workforce. The economic pain wrought by the SARS-CoV-2 coronavirus continues to affect Harley-Davidson (NYSE:HOG). The storied motorcycle maker said Thursday it’s cutting roughly 140 jobs in two factories, one located in Pennsylvania and the other

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