Truist Securities Maintains Buy on Mohawk Industries, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on Mohawk Industries but lowered the price target from $184 to $155.
October 28, 2024 | 1:26 pm
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Truist Securities has maintained a Buy rating on Mohawk Industries but lowered the price target from $184 to $155.
The maintenance of a Buy rating suggests continued confidence in Mohawk Industries' performance, but the lowered price target indicates some concerns about future growth or market conditions. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100