JP Morgan Maintains Neutral on Mohawk Industries, Raises Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Michael Rehaut maintains a Neutral rating on Mohawk Industries (NYSE:MHK) and raises the price target from $122 to $124.

May 03, 2024 | 7:36 pm
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JP Morgan analyst Michael Rehaut maintains a Neutral rating on Mohawk Industries and raises the price target from $122 to $124.
The increase in price target by JP Morgan suggests a positive outlook on the stock's value, potentially leading to a short-term increase in stock price. However, the Neutral rating indicates that the analyst does not see significant long-term growth or decline, tempering expectations for a major price movement.
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IMPORTANCE 75
RELEVANCE 100