Barclays analyst Matthew Bouley lowered the firm’s price target on Mohawk Industries (MHK) to $125 from $130 and keeps an Equal Weight rating on the shares post the Q4 report. Mohawk’s end markets remain under pressure, fueling softer volumes in a backdrop of price and cost headwinds into 2025, the analyst tells investors in a research note.
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Read More on MHK:
- Mohawk Industries: Poised for Growth Amid Challenges with Attractive Valuation and Market Share Gains
- Mohawk Industries Reports Steady Q4 Financial Performance
- Mohawk Industries Faces 2024 Challenges, Eyes Recovery
- Mohawk Industries reports Q4 adjusted EPS $1.95, consensus $1.85
- Mohawk Industries price target lowered to $130 from $135 at Wells Fargo