Truist Securities Maintains Buy on Mohawk Industries, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Keith Hughes has maintained a Buy rating on Mohawk Industries (NYSE:MHK) and increased the price target from $127 to $140.
April 29, 2024 | 1:50 pm
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Truist Securities maintains a Buy rating on Mohawk Industries and raises the price target from $127 to $140.
The upgrade in the price target by Truist Securities reflects a positive outlook on Mohawk Industries, likely due to strong fundamentals or market position. This endorsement from a reputable analyst could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100