Barclays upgraded Mohawk Industries to Equal Weight from Underweight with a price target of $100, up from $80. The analyst remains constructive on homebuilders and is now incrementally positive on building products, leading the firm to raise its industry view to Positive. The rating change is part of its 2024 outlook for homebuilding and building products.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on MHK:
- Mohawk Industries price target raised by $8 at Deutsche Bank, here’s why
- Mohawk Industries price target lowered to $98 from $105 at Truist
- Mohawk Industries price target lowered to $125 from $130 at Loop Capital
- Mohawk Industries price target lowered to $90 from $128 at Deutsche Bank
- Mohawk Industries sees Q4 adjusted EPS $1.80-$1.90, consensus $2.12
