Mohawk Industries shares are trading higher following mixed Q2 earnings. B of A Securities upgraded the stock from Underperform to Buy.
Portfolio Pulse from Benzinga Newsdesk
Mohawk Industries shares are trading higher following mixed Q2 earnings. B of A Securities upgraded the stock from Underperform to Buy.

July 26, 2024 | 12:20 pm
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Mohawk Industries shares are trading higher following mixed Q2 earnings. B of A Securities upgraded the stock from Underperform to Buy.
The upgrade from B of A Securities from Underperform to Buy is a strong positive signal for investors, likely driving the stock price higher in the short term. The mixed Q2 earnings may have a neutral effect, but the analyst upgrade outweighs it.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100