Goldman Sachs Maintains Buy on Mohawk Industries, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Susan Maklari has reaffirmed a Buy rating on Mohawk Industries (NYSE:MHK) and increased the price target from $105 to $120.
January 11, 2024 | 1:29 pm
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POSITIVE IMPACT
Goldman Sachs analyst Susan Maklari maintains a Buy rating on Mohawk Industries and raises the price target to $120.
The reaffirmation of a Buy rating and an increase in the price target by a prominent investment bank like Goldman Sachs typically signals confidence in the company's future performance. This can lead to increased investor interest and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100