Raymond James Upgrades Mohawk Industries to Strong Buy, Announces $140 Price Target
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Sam Darkatsh has upgraded Mohawk Industries (NYSE:MHK) from Market Perform to Strong Buy, setting a price target of $140.
June 10, 2024 | 1:25 pm
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Raymond James has upgraded Mohawk Industries to Strong Buy and set a price target of $140, indicating strong confidence in the company's future performance.
The upgrade from Market Perform to Strong Buy and the $140 price target suggest that Raymond James sees significant upside potential for Mohawk Industries. This is likely to positively impact the stock price in the short term as investors react to the bullish outlook.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100