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Mohawk Industries price target raised to $105 from $83 at Barclays
The Fly

Mohawk Industries price target raised to $105 from $83 at Barclays

Barclays analyst Matthew Bouley raised the firm’s price target on Mohawk Industries to $105 from $83 and keeps an Underweight rating on the shares. The analyst reduced 2023 and 2024 estimates following the company’s Q4 results, reflecting the impacts of softening demand on volume decrementals and the firm’s view of price risk as consumers mix down.

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