Flood update: Short-term bike demand impacted, analyst says
Wells Fargo Securities analyst Tim Conder provided a research note regarding the catastrophic flooding in southeastern Texas and parts of Louisiana.
Concerning the motorcycle/ORV business, Wells Fargo Securities believes “short-term motorcycle demand from impacted areas will be hurt and to a much lesser degree ORVs as the latter can be more utilized in recovery once water levels begin to initially recede.”