Wells Fargo Maintains Underweight on Mohawk Industries, Raises Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Sam Reid maintains an Underweight rating on Mohawk Industries (NYSE:MHK) but raises the price target from $110 to $140.
July 29, 2024 | 1:20 pm
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Wells Fargo analyst Sam Reid maintains an Underweight rating on Mohawk Industries but raises the price target from $110 to $140.
The Underweight rating suggests a bearish outlook, but the raised price target indicates some positive expectations. The mixed signals may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100