Shares of Harley-Davidson (HOG) ended Thursday’s trading day with a gain of over 4 percent. The stock is TheStreet’s Move of the Day. Shares of the Milwaukee, Wisc.-based motorcycle manufacturer were lifted after UBS upgraded the stock to BUY from NEUTRAL. The firm also upped its price target to $63 per share, from $60. The stock currently trades near $59. The company’s announcement on Wednesday to repurchase 20 million shares, was the main factor behind the stock’s upgrade from UBS. This comes after Harley-Davidson said it would buy 15.9 million shares back on June 16, the analysts noted. Shares have fallen 10.4 percent since the start of the year. The company has a market capitalization of $11.7 billion. TheStreet’s Scott Gamm reports from New York.
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