Harley-Davidson hit a 52-week high Monday and Citi said that it appears first-quarter motorcycle sales have been strong.
Harley-Davidson hit a 52-week high Monday and Citi said that it appears first-quarter motorcycle sales have been strong.
THE SPARK: Citi Investment Research & Analysis analyst Gregory Badishkanian said that strong sales momentum from last year appear to be carrying over into the first quarter.
A survey of Harley-Davidson dealerships showed that sales were up in January and February. Badishkanian believes March sales will be key to determining overall performance for the quarter, but that investors should be encouraged by sales in the first two months.
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