Barclays Maintains Equal-Weight on Mohawk Industries, Lowers Price Target to $146
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Matthew Bouley maintains an Equal-Weight rating on Mohawk Industries (NYSE:MHK) but lowers the price target from $161 to $146.
October 28, 2024 | 2:15 pm
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Barclays analyst Matthew Bouley maintains an Equal-Weight rating on Mohawk Industries but lowers the price target from $161 to $146.
The lowering of the price target from $161 to $146 by Barclays suggests a less optimistic outlook on Mohawk Industries' stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations accordingly.
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