Barclays Maintains Equal-Weight on Mohawk Industries, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley has maintained an Equal-Weight rating on Mohawk Industries (MHK) and reduced the price target from $122 to $120.

April 29, 2024 | 3:47 pm
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NEUTRAL IMPACT
Barclays maintains an Equal-Weight rating on Mohawk Industries and lowers the price target from $122 to $120.
The adjustment in price target by Barclays reflects a slight negative sentiment towards Mohawk Industries' stock value in the short term. However, maintaining the Equal-Weight rating indicates that the analyst does not foresee significant downside or upside, suggesting a neutral impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100