Barclays Maintains Underweight on Mohawk Industries, Lowers Price Target to $98
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Underweight rating on Mohawk Industries (NYSE:MHK) and has lowered the price target from $105 to $98.
August 01, 2023 | 10:30 am
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on Mohawk Industries and lowered the price target from $105 to $98.
The lowered price target by Barclays indicates a bearish outlook for Mohawk Industries. This could potentially lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100