BUZZ-Harley-Davidson up after cutting 2025 tariff cost forecast

Reuters
05-13
BUZZ-Harley-Davidson up after cutting 2025 tariff cost forecast

** Shares of Harley-Davidson HOG.N rise 6% to $25 in afternoon trading

** Co slashed 2025 U.S.-China tariff-related charges by $45 million to a range of $30 million to $55 million

** Cited U.S.-China economic and trade meeting in Geneva, where both countries agreed on a 90-day pause on tariffs and a sharp drop in reciprocal duties

** If the tariff level remains at 30% for the remainder of 2025, HOG said costs would range between $10 million and $35 million

** Five of 16 brokerages rate the stock "buy" or higher, 10 "hold" and one "sell"; their median PT is $28.21

** YTD, shares down 21.6% as of last close

(Reporting by Aishwarya Jain in Bengaluru)

((Aishwarya.Jain@thomsonreuters.com))

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