Investors have been revving their engines as Harley-Davidson Inc. (NYSE: HOG) rebounds from a major sell-off. However, with analyst estimates more than 10% below the current price and the company still facing significant challenges, the market may be wondering whether the rally is approaching a roadblock.
Shares of the American motorcycle maker are currently trading above $24, up about 38% over the last month, significantly outperforming the auto industry and the S&P 500. Year-to-date, shares have risen 18%.
