Morgan Stanley says Trump presidency may be good for Harley-Davidson (HOG)

Morgan Stanley's lead auto analyst Adam Jonas is also the bank's lead motorcycle analyst, and he likes Harley-Davidson.
On Tuesday, Jonas published a research note in which he hiked his price target for the all-American motorcycle maker to $61 from $54, with an "overweight" rating (his version of a "buy").
Harley-Davidson shares had closed on Monday at $58 and were trading at almost $60 on Tuesday, up about 2%.
Jonas thinks that Harley is in a good position to benefit from a Trump presidency. He