RBC Capital Maintains Sector Perform on Mohawk Industries, Raises Price Target to $106
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Michael Dahl has maintained a 'Sector Perform' rating on Mohawk Industries (MHK) and increased the price target from $101 to $106.
February 12, 2024 | 4:18 pm
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POSITIVE IMPACT
RBC Capital has maintained a 'Sector Perform' rating on Mohawk Industries and raised the price target from $101 to $106.
The increase in price target by RBC Capital suggests a positive outlook on Mohawk Industries' stock performance in the short term. This adjustment reflects an analyst's confidence in the company's potential to perform well or better than previously expected, likely leading to a positive impact on the stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90